VictoryShares Short-Term Bond ETF $USTB Shares Acquired by Patriot Financial Group Insurance Agency LLC

Patriot Financial Group Insurance Agency LLC boosted its position in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 151.0% during the 1st quarter, HoldingsChannel reports. The firm owned 122,240 shares of the company’s stock after buying an additional 73,540 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in VictoryShares Short-Term Bond ETF were worth $6,183,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Victory Capital Management Inc. grew its position in VictoryShares Short-Term Bond ETF by 0.3% in the 4th quarter. Victory Capital Management Inc. now owns 5,346,109 shares of the company’s stock worth $271,796,000 after purchasing an additional 14,801 shares during the last quarter. Merit Financial Group LLC grew its holdings in VictoryShares Short-Term Bond ETF by 6.9% in the 4th quarter. Merit Financial Group LLC now owns 2,598,695 shares of the company’s stock worth $132,118,000 after buying an additional 167,898 shares in the last quarter. Morgan Stanley grew its holdings in VictoryShares Short-Term Bond ETF by 28.8% in the 4th quarter. Morgan Stanley now owns 2,173,526 shares of the company’s stock worth $110,502,000 after buying an additional 486,138 shares in the last quarter. Bank of America Corp DE increased its position in VictoryShares Short-Term Bond ETF by 6.8% in the 3rd quarter. Bank of America Corp DE now owns 1,390,580 shares of the company’s stock valued at $70,906,000 after acquiring an additional 88,108 shares during the period. Finally, LPL Financial LLC increased its position in VictoryShares Short-Term Bond ETF by 7.8% in the 4th quarter. LPL Financial LLC now owns 1,334,919 shares of the company’s stock valued at $67,867,000 after acquiring an additional 96,021 shares during the period.

VictoryShares Short-Term Bond ETF Stock Up 0.1%

Shares of VictoryShares Short-Term Bond ETF stock opened at $50.63 on Friday. VictoryShares Short-Term Bond ETF has a 1-year low of $50.40 and a 1-year high of $51.12. The business’s fifty day moving average price is $50.58 and its two-hundred day moving average price is $50.74.

VictoryShares Short-Term Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, June 9th were issued a dividend of $0.182 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Tuesday, June 9th.

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.