Wealth Enhancement Advisory Services LLC Has $14.73 Million Stake in VictoryShares Short-Term Bond ETF $USTB

Wealth Enhancement Advisory Services LLC reduced its stake in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 42.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 289,315 shares of the company’s stock after selling 214,042 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in VictoryShares Short-Term Bond ETF were worth $14,732,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Sunbelt Securities Inc. bought a new position in VictoryShares Short-Term Bond ETF during the 3rd quarter worth $30,000. JPMorgan Chase & Co. acquired a new stake in shares of VictoryShares Short-Term Bond ETF during the 3rd quarter worth $32,000. Aptus Capital Advisors LLC acquired a new stake in shares of VictoryShares Short-Term Bond ETF during the 3rd quarter worth $72,000. Private Trust Co. NA increased its position in shares of VictoryShares Short-Term Bond ETF by 25.5% in the third quarter. Private Trust Co. NA now owns 1,454 shares of the company’s stock worth $74,000 after purchasing an additional 295 shares during the period. Finally, Cullen Frost Bankers Inc. bought a new position in shares of VictoryShares Short-Term Bond ETF in the third quarter worth $143,000.

VictoryShares Short-Term Bond ETF Stock Up 0.1%

USTB stock opened at $50.60 on Thursday. VictoryShares Short-Term Bond ETF has a 52 week low of $50.10 and a 52 week high of $51.12. The business has a 50-day simple moving average of $50.90 and a 200 day simple moving average of $50.90.

VictoryShares Short-Term Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Tuesday, March 10th were issued a $0.1896 dividend. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a c) annualized dividend and a yield of 4.5%. This is an increase from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.18.

VictoryShares Short-Term Bond ETF Profile

The Victory Portfolios II VictoryShares Short-Term Bond ETF (USTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed bond fund that invests primarily in US issues with a dollar-weighted average maturity of three years or less. USTB was launched on Oct 24, 2017 and is managed by VictoryShares.