VictoryShares Short-Term Bond ETF $USTB Stock: Darrow Company Inc. Boosts Holdings

Darrow Company Inc. increased its holdings in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 10.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 130,688 shares of the company’s stock after buying an additional 12,573 shares during the period. VictoryShares Short-Term Bond ETF comprises approximately 2.6% of Darrow Company Inc.’s portfolio, making the stock its 15th largest position. Darrow Company Inc. owned 0.24% of VictoryShares Short-Term Bond ETF worth $6,519,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in USTB. Go Invest LLC acquired a new position in VictoryShares Short-Term Bond ETF in the 3rd quarter valued at approximately $130,917,000. Stonebridge Financial Group LLC raised its stake in shares of VictoryShares Short-Term Bond ETF by 86.7% during the third quarter. Stonebridge Financial Group LLC now owns 1,731,326 shares of the company’s stock valued at $86,359,000 after acquiring an additional 804,125 shares during the last quarter. Marquette Asset Management LLC acquired a new position in shares of VictoryShares Short-Term Bond ETF during the third quarter worth $28,106,000. Kirkwood Financial Services acquired a new position in shares of VictoryShares Short-Term Bond ETF during the second quarter worth $13,118,000. Finally, Toth Financial Advisory Corp acquired a new position in shares of VictoryShares Short-Term Bond ETF during the third quarter worth $11,241,000.

VictoryShares Short-Term Bond ETF Price Performance

Shares of VictoryShares Short-Term Bond ETF stock opened at $50.06 on Friday. VictoryShares Short-Term Bond ETF has a twelve month low of $49.80 and a twelve month high of $51.10. The company’s fifty day moving average is $50.16 and its 200 day moving average is $50.41.

VictoryShares Short-Term Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 9th. Investors of record on Thursday, October 8th were given a dividend of $0.2060 per share. The ex-dividend date of this dividend was Thursday, October 8th. This represents a $2.47 annualized dividend and a yield of 4.9%. This is an increase from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.1834.

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.