Pine Valley Investments Ltd Liability Co Lowers Stock Holdings in VictoryShares Short-Term Bond ETF $USTB

Pine Valley Investments Ltd Liability Co reduced its stake in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 42.5% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 116,556 shares of the company’s stock after selling 86,267 shares during the quarter. Pine Valley Investments Ltd Liability Co owned about 0.29% of VictoryShares Short-Term Bond ETF worth $5,895,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. StoneX Group Inc. increased its position in VictoryShares Short-Term Bond ETF by 3.8% during the 4th quarter. StoneX Group Inc. now owns 5,827 shares of the company’s stock valued at $296,000 after buying an additional 212 shares in the last quarter. Intrua Financial LLC boosted its holdings in VictoryShares Short-Term Bond ETF by 2.3% in the fourth quarter. Intrua Financial LLC now owns 9,653 shares of the company’s stock worth $491,000 after acquiring an additional 214 shares in the last quarter. Advisory Services Network LLC boosted its holdings in VictoryShares Short-Term Bond ETF by 1.4% in the fourth quarter. Advisory Services Network LLC now owns 23,176 shares of the company’s stock worth $1,178,000 after acquiring an additional 318 shares in the last quarter. Midwest Capital Advisors LLC grew its stake in shares of VictoryShares Short-Term Bond ETF by 0.4% in the fourth quarter. Midwest Capital Advisors LLC now owns 104,147 shares of the company’s stock worth $5,295,000 after acquiring an additional 399 shares during the last quarter. Finally, IHT Wealth Management LLC grew its stake in shares of VictoryShares Short-Term Bond ETF by 5.1% in the second quarter. IHT Wealth Management LLC now owns 10,299 shares of the company’s stock worth $523,000 after acquiring an additional 500 shares during the last quarter.

VictoryShares Short-Term Bond ETF Stock Performance

Shares of NASDAQ:USTB opened at $50.47 on Monday. VictoryShares Short-Term Bond ETF has a 1-year low of $50.31 and a 1-year high of $51.12. The business has a fifty day moving average price of $50.53 and a 200-day moving average price of $50.68.

VictoryShares Short-Term Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, July 10th. Investors of record on Thursday, July 9th were given a dividend of $0.2031 per share. This is a positive change from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend was Thursday, July 9th. This represents a c) annualized dividend and a yield of 4.8%.

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.