Victory Capital Management Inc. Purchases 959,375 Shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Victory Capital Management Inc. increased its position in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 23.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,122,240 shares of the company’s stock after buying an additional 959,375 shares during the quarter. Victory Capital Management Inc. owned 0.27% of VictoryShares Short-Term Bond ETF worth $257,136,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Fifth Third Bancorp bought a new position in shares of VictoryShares Short-Term Bond ETF during the fourth quarter worth about $155,000. Janney Montgomery Scott LLC bought a new position in shares of VictoryShares Short-Term Bond ETF during the fourth quarter worth about $294,000. Octavia Wealth Advisors LLC grew its holdings in shares of VictoryShares Short-Term Bond ETF by 37.9% during the fourth quarter. Octavia Wealth Advisors LLC now owns 5,985 shares of the company’s stock worth $300,000 after buying an additional 1,645 shares in the last quarter. Greenup Street Wealth Management LLC bought a new position in shares of VictoryShares Short-Term Bond ETF during the fourth quarter worth about $305,000. Finally, Burt Wealth Advisors grew its holdings in shares of VictoryShares Short-Term Bond ETF by 5.3% during the third quarter. Burt Wealth Advisors now owns 7,010 shares of the company’s stock worth $356,000 after buying an additional 350 shares in the last quarter.

VictoryShares Short-Term Bond ETF Trading Down 0.0 %

NASDAQ:USTB opened at $50.69 on Wednesday. VictoryShares Short-Term Bond ETF has a 52-week low of $49.29 and a 52-week high of $50.92. The stock has a 50-day simple moving average of $50.34 and a 200 day simple moving average of $50.44.

VictoryShares Short-Term Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, February 10th. Investors of record on Friday, February 7th were given a dividend of $0.1892 per share. The ex-dividend date was Friday, February 7th. This is a boost from VictoryShares Short-Term Bond ETF’s previous dividend of $0.04.

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.