Janney Montgomery Scott LLC Grows Stock Position in VictoryShares Short-Term Bond ETF $USTB

Janney Montgomery Scott LLC boosted its holdings in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 378.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 263,995 shares of the company’s stock after buying an additional 208,804 shares during the period. Janney Montgomery Scott LLC’s holdings in VictoryShares Short-Term Bond ETF were worth $13,353,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in USTB. Rooted Wealth Advisors Inc. lifted its holdings in shares of VictoryShares Short-Term Bond ETF by 50.9% during the 1st quarter. Rooted Wealth Advisors Inc. now owns 71,085 shares of the company’s stock worth $3,601,000 after acquiring an additional 23,966 shares during the period. Silver Oak Securities Incorporated grew its holdings in VictoryShares Short-Term Bond ETF by 2.8% in the first quarter. Silver Oak Securities Incorporated now owns 24,926 shares of the company’s stock valued at $1,261,000 after purchasing an additional 679 shares during the period. Kestra Private Wealth Services LLC grew its holdings in VictoryShares Short-Term Bond ETF by 44.0% in the first quarter. Kestra Private Wealth Services LLC now owns 17,866 shares of the company’s stock valued at $904,000 after purchasing an additional 5,461 shares during the period. RFG Advisory LLC acquired a new position in VictoryShares Short-Term Bond ETF during the first quarter worth approximately $218,000. Finally, Apella Capital LLC increased its position in VictoryShares Short-Term Bond ETF by 12.7% during the first quarter. Apella Capital LLC now owns 220,010 shares of the company’s stock worth $11,143,000 after purchasing an additional 24,843 shares during the last quarter.

VictoryShares Short-Term Bond ETF Stock Down 0.0%

NASDAQ:USTB opened at $50.61 on Thursday. VictoryShares Short-Term Bond ETF has a fifty-two week low of $50.40 and a fifty-two week high of $51.12. The firm’s 50 day moving average is $50.58 and its two-hundred day moving average is $50.73.

VictoryShares Short-Term Bond ETF Cuts Dividend

The company also recently disclosed 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 was Tuesday, June 9th.

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.