Midwest Capital Advisors LLC Buys 3,376 Shares of VictoryShares Short-Term Bond ETF $USTB

Midwest Capital Advisors LLC raised its stake in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 3.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 98,498 shares of the company’s stock after acquiring an additional 3,376 shares during the quarter. VictoryShares Short-Term Bond ETF makes up 2.6% of Midwest Capital Advisors LLC’s portfolio, making the stock its 14th largest holding. Midwest Capital Advisors LLC owned about 0.38% of VictoryShares Short-Term Bond ETF worth $5,006,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in USTB. Parallel Advisors LLC bought a new position in shares of VictoryShares Short-Term Bond ETF during the second quarter valued at $202,000. Axis Wealth Partners LLC lifted its holdings in shares of VictoryShares Short-Term Bond ETF by 19.8% during the first quarter. Axis Wealth Partners LLC now owns 4,895 shares of the company’s stock valued at $248,000 after acquiring an additional 810 shares during the period. Crossmark Global Holdings Inc. bought a new position in shares of VictoryShares Short-Term Bond ETF during the first quarter valued at $286,000. Stratos Investment Management LLC bought a new position in shares of VictoryShares Short-Term Bond ETF during the first quarter valued at $358,000. Finally, Burt Wealth Advisors lifted its holdings in shares of VictoryShares Short-Term Bond ETF by 2.9% during the first quarter. Burt Wealth Advisors now owns 7,425 shares of the company’s stock valued at $376,000 after acquiring an additional 210 shares during the period.

VictoryShares Short-Term Bond ETF Price Performance

Shares of NASDAQ USTB opened at $50.84 on Friday. The business has a fifty day moving average of $50.91 and a two-hundred day moving average of $50.68. VictoryShares Short-Term Bond ETF has a 52-week low of $50.02 and a 52-week high of $51.12.

VictoryShares Short-Term Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 10th. Investors of record on Thursday, October 9th were issued a $0.21 dividend. This is a positive change from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.19. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend was Thursday, October 9th.

VictoryShares Short-Term Bond ETF Company 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.