VictoryShares Short-Term Bond ETF $USTB Position Cut by Midwest Capital Advisors LLC

Midwest Capital Advisors LLC decreased its position in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 90.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,511 shares of the company’s stock after selling 108,353 shares during the quarter. Midwest Capital Advisors LLC’s holdings in VictoryShares Short-Term Bond ETF were worth $574,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Go Invest LLC acquired a new stake in shares of VictoryShares Short-Term Bond ETF in the 3rd quarter worth about $130,917,000. Stonebridge Financial Group LLC boosted its stake in VictoryShares Short-Term Bond ETF by 86.7% during the 3rd quarter. Stonebridge Financial Group LLC now owns 1,731,326 shares of the company’s stock valued at $86,359,000 after purchasing an additional 804,125 shares during the period. Bank of America Corp DE boosted its stake in VictoryShares Short-Term Bond ETF by 10.0% during the 1st quarter. Bank of America Corp DE now owns 1,531,498 shares of the company’s stock valued at $77,463,000 after purchasing an additional 139,855 shares during the period. Broadway Wealth Solutions Inc. boosted its stake in VictoryShares Short-Term Bond ETF by 5.8% during the 3rd quarter. Broadway Wealth Solutions Inc. now owns 612,191 shares of the company’s stock valued at $30,536,000 after purchasing an additional 33,392 shares during the period. Finally, Marquette Asset Management LLC acquired a new position in VictoryShares Short-Term Bond ETF during the 3rd quarter valued at about $28,106,000.

VictoryShares Short-Term Bond ETF Stock Performance

NASDAQ USTB opened at $50.07 on Tuesday. VictoryShares Short-Term Bond ETF has a 52 week low of $49.80 and a 52 week high of $51.10. The company has a 50-day moving average price of $50.08 and a two-hundred day moving average price of $50.50.

VictoryShares Short-Term Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, November 9th. Stockholders of record on Friday, November 6th were issued a dividend of $0.1817 per share. This represents a $2.18 dividend on an annualized basis and a dividend yield of 4.4%. This is a drop from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.2060. The ex-dividend date of this dividend was Friday, November 6th.

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.