VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Sees Unusually-High Trading Volume – Should You Buy?

VictoryShares Short-Term Bond ETF (NASDAQ:USTBGet Free Report) saw strong trading volume on Tuesday . 613,727 shares traded hands during mid-day trading, an increase of 156% from the previous session’s volume of 239,804 shares.The stock last traded at $50.43 and had previously closed at $50.49.

VictoryShares Short-Term Bond ETF Price Performance

The company’s 50-day simple moving average is $50.63 and its 200 day simple moving average is $50.81.

VictoryShares Short-Term Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, May 11th. Stockholders of record on Friday, May 8th were issued a $0.1836 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date was Friday, May 8th.

Institutional Investors Weigh In On VictoryShares Short-Term Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Sunbelt Securities Inc. acquired a new stake in VictoryShares Short-Term Bond ETF during the 3rd quarter worth $30,000. JPMorgan Chase & Co. acquired a new stake in VictoryShares Short-Term Bond ETF during the 3rd quarter worth $32,000. Global Retirement Partners LLC acquired a new stake in VictoryShares Short-Term Bond ETF during the 4th quarter worth $33,000. Aptus Capital Advisors LLC acquired a new stake in VictoryShares Short-Term Bond ETF during the 3rd quarter worth $72,000. Finally, SHP Wealth Management acquired a new stake in VictoryShares Short-Term Bond ETF during the 4th quarter worth $100,000.

About VictoryShares Short-Term Bond ETF

(Get Free Report)

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.

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