BlueStem Wealth Partners LLC Makes New Investment in VictoryShares Short-Term Bond ETF $USTB

BlueStem Wealth Partners LLC purchased a new position in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 209,508 shares of the company’s stock, valued at approximately $10,651,000. VictoryShares Short-Term Bond ETF comprises about 1.2% of BlueStem Wealth Partners LLC’s holdings, making the stock its 23rd largest holding.

Other large investors have also made changes to their positions in the company. Sunbelt Securities Inc. acquired a new position in shares of VictoryShares Short-Term Bond ETF during the 3rd quarter worth about $30,000. JPMorgan Chase & Co. bought a new stake in VictoryShares Short-Term Bond ETF in the third quarter valued at $32,000. Aptus Capital Advisors LLC acquired a new position in shares of VictoryShares Short-Term Bond ETF in the 3rd quarter worth approximately $72,000. Cullen Frost Bankers Inc. acquired a new position in shares of VictoryShares Short-Term Bond ETF in the 3rd quarter worth approximately $143,000. Finally, Fifth Third Bancorp boosted its holdings in shares of VictoryShares Short-Term Bond ETF by 24.4% in the 4th quarter. Fifth Third Bancorp now owns 3,830 shares of the company’s stock worth $195,000 after acquiring an additional 750 shares in the last quarter.

VictoryShares Short-Term Bond ETF Price Performance

Shares of USTB opened at $50.46 on Wednesday. VictoryShares Short-Term Bond ETF has a one year low of $50.39 and a one year high of $51.12. The business’s 50 day simple moving average is $50.62 and its 200-day simple moving average is $50.81.

VictoryShares Short-Term Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, May 11th. Stockholders of record on Friday, May 8th were issued a $0.1836 dividend. This represents a c) annualized dividend and a dividend 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.