Maridea Wealth Management LLC Sells 43,343 Shares of VictoryShares Short-Term Bond ETF $USTB

Maridea Wealth Management LLC cut its stake in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 89.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,286 shares of the company’s stock after selling 43,343 shares during the period. Maridea Wealth Management LLC’s holdings in VictoryShares Short-Term Bond ETF were worth $267,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Farther Finance Advisors LLC bought a new stake in VictoryShares Short-Term Bond ETF in the fourth quarter valued at $7,580,000. ERn Financial LLC lifted its holdings in shares of VictoryShares Short-Term Bond ETF by 4.7% during the fourth quarter. ERn Financial LLC now owns 315,306 shares of the company’s stock valued at $16,030,000 after acquiring an additional 14,292 shares during the period. Merit Financial Group LLC boosted its stake in shares of VictoryShares Short-Term Bond ETF by 6.9% in the 4th quarter. Merit Financial Group LLC now owns 2,598,695 shares of the company’s stock valued at $132,118,000 after purchasing an additional 167,898 shares in the last quarter. Stonebridge Financial Group LLC boosted its stake in shares of VictoryShares Short-Term Bond ETF by 10.0% in the 4th quarter. Stonebridge Financial Group LLC now owns 761,559 shares of the company’s stock valued at $38,718,000 after purchasing an additional 69,053 shares in the last quarter. Finally, Certified Advisory Corp grew its holdings in shares of VictoryShares Short-Term Bond ETF by 10.5% in the 1st quarter. Certified Advisory Corp now owns 231,971 shares of the company’s stock worth $11,733,000 after purchasing an additional 22,076 shares during the last quarter.

VictoryShares Short-Term Bond ETF Stock Performance

Shares of VictoryShares Short-Term Bond ETF stock opened at $50.63 on Monday. The company has a 50-day simple moving average of $50.58 and a 200 day simple moving average of $50.74. VictoryShares Short-Term Bond ETF has a 12-month low of $50.40 and a 12-month high of $51.12.

VictoryShares Short-Term Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Tuesday, June 9th were paid a dividend of $0.182 per share. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Tuesday, June 9th.

About VictoryShares Short-Term Bond ETF

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.