Toth Financial Advisory Corp Buys 225,351 Shares of VictoryShares Short-Term Bond ETF $USTB

Toth Financial Advisory Corp purchased a new position in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 225,351 shares of the company’s stock, valued at approximately $11,241,000. VictoryShares Short-Term Bond ETF makes up about 1.1% of Toth Financial Advisory Corp’s portfolio, making the stock its 24th biggest holding.

A number of other large investors have also recently added to or reduced their stakes in the company. Stonebridge Financial Group LLC increased its stake in shares of VictoryShares Short-Term Bond ETF by 86.7% during the 3rd quarter. Stonebridge Financial Group LLC now owns 1,731,326 shares of the company’s stock worth $86,359,000 after purchasing an additional 804,125 shares during the last quarter. Kirkwood Financial Services bought a new position in VictoryShares Short-Term Bond ETF during the second quarter worth about $13,118,000. Janney Montgomery Scott LLC grew its holdings in VictoryShares Short-Term Bond ETF by 378.3% during the first quarter. Janney Montgomery Scott LLC now owns 263,995 shares of the company’s stock worth $13,353,000 after purchasing an additional 208,804 shares during the period. Bank of America Corp DE increased its position in VictoryShares Short-Term Bond ETF by 10.0% during the first quarter. Bank of America Corp DE now owns 1,531,498 shares of the company’s stock worth $77,463,000 after buying an additional 139,855 shares during the last quarter. Finally, Allen Capital Group LLC acquired a new position in VictoryShares Short-Term Bond ETF during the first quarter worth approximately $4,081,000.

VictoryShares Short-Term Bond ETF Stock Performance

Shares of USTB traded down $0.23 during mid-day trading on Thursday, reaching $49.83. The company’s stock had a trading volume of 150,657 shares, compared to its average volume of 289,421. VictoryShares Short-Term Bond ETF has a 1-year low of $49.80 and a 1-year high of $51.10. The business has a 50-day simple moving average of $50.28 and a two-hundred day simple moving average of $50.46.

VictoryShares Short-Term Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, October 9th. Shareholders of record on Thursday, October 8th will be issued a dividend of $0.2060 per share. The ex-dividend date of this dividend is Thursday, October 8th. This represents a $2.47 annualized dividend and a yield of 5.0%. This is a positive change from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.1834.

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.