Burt Wealth Advisors Buys 499 Shares of VictoryShares Short-Term Bond ETF $USTB

Burt Wealth Advisors raised its stake in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 6.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,924 shares of the company’s stock after buying an additional 499 shares during the period. Burt Wealth Advisors’ holdings in VictoryShares Short-Term Bond ETF were worth $403,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in USTB. Apella Capital LLC bought a new stake in shares of VictoryShares Short-Term Bond ETF during the 2nd quarter valued at about $793,000. Parallel Advisors LLC bought a new stake in shares of VictoryShares Short-Term Bond ETF during the 2nd quarter valued at about $202,000. Jane Street Group LLC boosted its position in shares of VictoryShares Short-Term Bond ETF by 261.8% during the 1st quarter. Jane Street Group LLC now owns 72,121 shares of the company’s stock valued at $3,653,000 after purchasing an additional 52,185 shares in the last quarter. Integrated Wealth Concepts LLC boosted its position in shares of VictoryShares Short-Term Bond ETF by 13.0% during the 1st quarter. Integrated Wealth Concepts LLC now owns 51,279 shares of the company’s stock valued at $2,597,000 after purchasing an additional 5,885 shares in the last quarter. Finally, Focus Partners Advisor Solutions LLC boosted its position in shares of VictoryShares Short-Term Bond ETF by 10.3% during the 1st quarter. Focus Partners Advisor Solutions LLC now owns 13,565 shares of the company’s stock valued at $687,000 after purchasing an additional 1,263 shares in the last quarter.

VictoryShares Short-Term Bond ETF Stock Performance

Shares of VictoryShares Short-Term Bond ETF stock opened at $51.01 on Wednesday. VictoryShares Short-Term Bond ETF has a one year low of $50.02 and a one year high of $51.12. The stock’s 50-day moving average is $50.79 and its 200 day moving average is $50.63.

VictoryShares Short-Term Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, September 9th. Investors of record on Monday, September 8th were given a dividend of $0.1881 per share. The ex-dividend date was Monday, September 8th. This represents a c) annualized dividend and a dividend yield of 4.4%.

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.