Octavia Wealth Advisors LLC Grows Position in VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Octavia Wealth Advisors LLC increased its holdings in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 37.9% in the fourth quarter, Holdings Channel reports. The fund owned 5,985 shares of the company’s stock after purchasing an additional 1,645 shares during the quarter. Octavia Wealth Advisors LLC’s holdings in VictoryShares Short-Term Bond ETF were worth $300,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Ameritas Advisory Services LLC lifted its position in shares of VictoryShares Short-Term Bond ETF by 7.4% during the fourth quarter. Ameritas Advisory Services LLC now owns 36,846 shares of the company’s stock valued at $1,850,000 after buying an additional 2,537 shares during the last quarter. Merit Financial Group LLC purchased a new stake in shares of VictoryShares Short-Term Bond ETF during the fourth quarter valued at about $2,744,000. Certified Advisory Corp lifted its position in shares of VictoryShares Short-Term Bond ETF by 6.7% during the fourth quarter. Certified Advisory Corp now owns 174,190 shares of the company’s stock valued at $8,744,000 after buying an additional 10,880 shares during the last quarter. Smith Thornton Advisors LLC lifted its position in shares of VictoryShares Short-Term Bond ETF by 3.1% during the fourth quarter. Smith Thornton Advisors LLC now owns 76,139 shares of the company’s stock valued at $3,822,000 after buying an additional 2,264 shares during the last quarter. Finally, ERn Financial LLC lifted its position in shares of VictoryShares Short-Term Bond ETF by 3.0% during the fourth quarter. ERn Financial LLC now owns 301,649 shares of the company’s stock valued at $15,143,000 after buying an additional 8,790 shares during the last quarter.

VictoryShares Short-Term Bond ETF Price Performance

USTB stock opened at $50.31 on Wednesday. The firm has a 50-day simple moving average of $50.26 and a two-hundred day simple moving average of $50.38. VictoryShares Short-Term Bond ETF has a one year low of $49.29 and a one year high of $50.92.

VictoryShares Short-Term Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, January 9th. Shareholders of record on Wednesday, January 8th were given a dividend of $0.0439 per share. The ex-dividend date of this dividend was Wednesday, January 8th.

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.