UBS Group AG Purchases 25,791 Shares of VictoryShares Short-Term Bond ETF $USTB

UBS Group AG increased its position in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 13.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 219,312 shares of the company’s stock after purchasing an additional 25,791 shares during the quarter. UBS Group AG owned approximately 0.60% of VictoryShares Short-Term Bond ETF worth $11,150,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Sunbelt Securities Inc. bought a new stake in shares of VictoryShares Short-Term Bond ETF in the 3rd quarter valued at about $30,000. JPMorgan Chase & Co. bought a new stake in shares of VictoryShares Short-Term Bond ETF in the 3rd quarter valued at about $32,000. Aptus Capital Advisors LLC bought a new stake in shares of VictoryShares Short-Term Bond ETF in the 3rd quarter valued at about $72,000. Cullen Frost Bankers Inc. bought a new stake in shares of VictoryShares Short-Term Bond ETF in the 3rd quarter valued at about $143,000. Finally, OneAscent Family Office LLC bought a new stake in shares of VictoryShares Short-Term Bond ETF in the 3rd quarter valued at about $229,000.

VictoryShares Short-Term Bond ETF Stock Down 0.1%

Shares of USTB stock opened at $50.46 on Friday. VictoryShares Short-Term Bond ETF has a 52-week low of $50.38 and a 52-week high of $51.12. The firm’s 50-day moving average is $50.64 and its 200-day moving average is $50.82.

VictoryShares Short-Term Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, May 11th. Shareholders of record on Friday, May 8th were issued a $0.1836 dividend. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Friday, May 8th.

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.