Trademark Financial Management LLC Increases Stock Position in VictoryShares Short-Term Bond ETF $USTB

Trademark Financial Management LLC boosted its position in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 32.9% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 54,566 shares of the company’s stock after buying an additional 13,513 shares during the quarter. VictoryShares Short-Term Bond ETF makes up 1.4% of Trademark Financial Management LLC’s holdings, making the stock its 21st biggest position. Trademark Financial Management LLC owned about 0.14% of VictoryShares Short-Term Bond ETF worth $2,760,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Morgan Stanley increased its stake in shares of 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 valued at $110,502,000 after purchasing an additional 486,138 shares in the last quarter. Bank of America Corp DE grew its holdings in VictoryShares Short-Term Bond ETF by 31.6% in the second quarter. Bank of America Corp DE now owns 1,302,472 shares of the company’s stock valued at $66,192,000 after purchasing an additional 312,543 shares during the period. Cornerstone Planning Group LLC grew its holdings in VictoryShares Short-Term Bond ETF by 58,494.3% in the fourth quarter. Cornerstone Planning Group LLC now owns 246,096 shares of the company’s stock valued at $12,531,000 after purchasing an additional 245,676 shares during the period. BlueStem Wealth Partners LLC purchased a new stake in shares of VictoryShares Short-Term Bond ETF in the fourth quarter valued at approximately $10,651,000. Finally, Janney Montgomery Scott LLC increased its position in shares of VictoryShares Short-Term Bond ETF by 378.3% in the first quarter. Janney Montgomery Scott LLC now owns 263,995 shares of the company’s stock valued at $13,353,000 after buying an additional 208,804 shares in the last quarter.

VictoryShares Short-Term Bond ETF Trading Up 0.0%

Shares of NASDAQ:USTB opened at $50.62 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 50 day moving average price is $50.58 and its 200-day moving average price is $50.73.

VictoryShares Short-Term Bond ETF Cuts Dividend

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