VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Sees Unusually-High Trading Volume – What’s Next?

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) saw strong trading volume on Friday. Approximately 221,061 shares changed hands during trading, a decline of 25% from the previous session’s volume of 293,710 shares. The stock last traded at $49.9670 and had previously closed at $49.96.

VictoryShares Short-Term Bond ETF Stock Performance

The firm’s 50 day moving average is $50.21 and its 200 day moving average is $50.43.

VictoryShares Short-Term Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 9th. Stockholders of record on Thursday, October 8th were issued a dividend of $0.2060 per share. The ex-dividend date was Thursday, October 8th. This is a positive change from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.1834. This represents a $2.47 annualized dividend and a dividend yield of 4.9%.

Institutional Trading of VictoryShares Short-Term Bond ETF

A number of hedge funds have recently made changes to their positions in USTB. M.E. Allison & CO. Inc. increased its holdings in VictoryShares Short-Term Bond ETF by 2.2% in the 2nd quarter. M.E. Allison & CO. Inc. now owns 11,514 shares of the company’s stock worth $583,000 after acquiring an additional 245 shares in the last quarter. Western Wealth Management LLC purchased a new position in VictoryShares Short-Term Bond ETF during the first quarter valued at approximately $28,000. Silver Oak Securities Incorporated lifted its holdings in VictoryShares Short-Term Bond ETF by 2.8% during 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 in the last quarter. Sigma Planning Corp lifted its holdings in VictoryShares Short-Term Bond ETF by 3.8% during the first quarter. Sigma Planning Corp now owns 24,019 shares of the company’s stock valued at $1,215,000 after purchasing an additional 889 shares in the last quarter. Finally, Financial Guidance Group Inc. boosted its position in shares of VictoryShares Short-Term Bond ETF by 17.2% in the first quarter. Financial Guidance Group Inc. now owns 7,772 shares of the company’s stock worth $393,000 after purchasing an additional 1,143 shares during the period.

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.