VictoryShares Short-Term Bond ETF $USTB is Stonebridge Financial Group LLC’s 6th Largest Position

Stonebridge Financial Group LLC grew its position in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 25.7% during the third quarter, Holdings Channel reports. The fund owned 692,506 shares of the company’s stock after purchasing an additional 141,511 shares during the period. VictoryShares Short-Term Bond ETF makes up about 3.1% of Stonebridge Financial Group LLC’s holdings, making the stock its 6th biggest holding. Stonebridge Financial Group LLC’s holdings in VictoryShares Short-Term Bond ETF were worth $35,311,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. M.E. Allison & CO. Inc. boosted its position in shares of VictoryShares Short-Term Bond ETF by 3.5% during the third quarter. M.E. Allison & CO. Inc. now owns 7,673 shares of the company’s stock valued at $391,000 after purchasing an additional 258 shares in the last quarter. Private Trust Co. NA lifted its position in VictoryShares Short-Term Bond ETF by 25.5% during the third quarter. Private Trust Co. NA now owns 1,454 shares of the company’s stock valued at $74,000 after buying an additional 295 shares during the period. Burt Wealth Advisors boosted its holdings in shares of VictoryShares Short-Term Bond ETF by 6.7% during the 2nd quarter. Burt Wealth Advisors now owns 7,924 shares of the company’s stock valued at $403,000 after buying an additional 499 shares in the last quarter. IHT Wealth Management LLC boosted its holdings in shares of VictoryShares Short-Term Bond ETF by 5.1% during the 2nd quarter. IHT Wealth Management LLC now owns 10,299 shares of the company’s stock valued at $523,000 after buying an additional 500 shares in the last quarter. Finally, REDW Wealth LLC grew its position in shares of VictoryShares Short-Term Bond ETF by 9.8% in the 2nd quarter. REDW Wealth LLC now owns 8,896 shares of the company’s stock worth $452,000 after buying an additional 792 shares during the period.

VictoryShares Short-Term Bond ETF Price Performance

Shares of NASDAQ USTB opened at $50.86 on Wednesday. VictoryShares Short-Term Bond ETF has a 1 year low of $50.06 and a 1 year high of $51.12. The firm has a 50-day moving average of $50.88 and a 200 day moving average of $50.84.

VictoryShares Short-Term Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, December 12th. Stockholders of record on Thursday, December 11th were issued a dividend of $0.3625 per share. The ex-dividend date was Thursday, December 11th. This is a positive change from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.18. This represents a c) annualized dividend and a dividend yield of 8.6%.

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.