ERn Financial LLC Acquires 5,917 Shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

ERn Financial LLC lifted its holdings in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 2.0% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 307,566 shares of the company’s stock after acquiring an additional 5,917 shares during the period. VictoryShares Short-Term Bond ETF accounts for approximately 2.5% of ERn Financial LLC’s investment portfolio, making the stock its 8th biggest holding. ERn Financial LLC owned approximately 1.33% of VictoryShares Short-Term Bond ETF worth $15,578,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Ameriflex Group Inc. acquired a new position in VictoryShares Short-Term Bond ETF during the fourth quarter worth approximately $40,000. Axis Wealth Partners LLC acquired a new position in VictoryShares Short-Term Bond ETF during the fourth quarter worth approximately $205,000. Avantax Advisory Services Inc. increased its position in VictoryShares Short-Term Bond ETF by 11.5% during the fourth quarter. Avantax Advisory Services Inc. now owns 4,773 shares of the company’s stock worth $240,000 after buying an additional 492 shares during the period. Burt Wealth Advisors increased its holdings in shares of VictoryShares Short-Term Bond ETF by 2.9% in the fourth quarter. Burt Wealth Advisors now owns 7,215 shares of the company’s stock valued at $362,000 after purchasing an additional 205 shares during the period. Finally, Global Retirement Partners LLC increased its holdings in shares of VictoryShares Short-Term Bond ETF by 24.3% in the fourth quarter. Global Retirement Partners LLC now owns 10,121 shares of the company’s stock valued at $508,000 after purchasing an additional 1,979 shares during the period.

VictoryShares Short-Term Bond ETF Price Performance

NASDAQ:USTB opened at $50.56 on Thursday. The stock’s 50 day simple moving average is $50.48 and its 200-day simple moving average is $50.43. VictoryShares Short-Term Bond ETF has a 12-month low of $49.71 and a 12-month high of $50.92.

VictoryShares Short-Term Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, June 10th. Stockholders of record on Monday, June 9th were issued a $0.1917 dividend. The ex-dividend date was Monday, June 9th.

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.