HORAN Wealth LLC Takes $10.23 Million Position in VictoryShares Short-Term Bond ETF $USTB

HORAN Wealth LLC purchased a new stake in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) during the second quarter, according to its most recent filing with the SEC. The firm purchased 201,265 shares of the company’s stock, valued at approximately $10,228,000. VictoryShares Short-Term Bond ETF accounts for 3.1% of HORAN Wealth LLC’s portfolio, making the stock its 8th biggest holding. HORAN Wealth LLC owned about 0.77% of VictoryShares Short-Term Bond ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in USTB. Stonebridge Financial Group LLC grew its stake in VictoryShares Short-Term Bond ETF by 121.1% during the 2nd quarter. Stonebridge Financial Group LLC now owns 550,995 shares of the company’s stock worth $28,002,000 after buying an additional 301,786 shares during the last quarter. LPL Financial LLC grew its stake in VictoryShares Short-Term Bond ETF by 33.8% during the 1st quarter. LPL Financial LLC now owns 957,969 shares of the company’s stock worth $48,521,000 after buying an additional 241,832 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in VictoryShares Short-Term Bond ETF by 75.1% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 504,794 shares of the company’s stock worth $25,613,000 after buying an additional 216,521 shares during the last quarter. Victory Capital Management Inc. grew its stake in VictoryShares Short-Term Bond ETF by 3.7% during the 1st quarter. Victory Capital Management Inc. now owns 5,311,308 shares of the company’s stock worth $269,018,000 after buying an additional 189,068 shares during the last quarter. Finally, Private Advisor Group LLC grew its stake in VictoryShares Short-Term Bond ETF by 110.8% during the 1st quarter. Private Advisor Group LLC now owns 233,129 shares of the company’s stock worth $11,808,000 after buying an additional 122,539 shares during the last quarter.

VictoryShares Short-Term Bond ETF Stock Performance

Shares of USTB stock opened at $50.88 on Thursday. VictoryShares Short-Term Bond ETF has a 1-year low of $50.02 and a 1-year high of $51.12. The stock’s fifty day moving average price is $50.97 and its 200 day moving average price is $50.74.

VictoryShares Short-Term Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 10th. Investors of record on Thursday, October 9th were paid a dividend of $0.21 per share. This is a positive change from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.19. The ex-dividend date was Thursday, October 9th. This represents a c) annualized dividend and a yield of 5.0%.

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.