Focus Partners Advisor Solutions LLC Cuts Holdings in VictoryShares Short-Term Bond ETF $USTB

Focus Partners Advisor Solutions LLC cut its position in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 18.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 132,438 shares of the company’s stock after selling 29,439 shares during the quarter. Focus Partners Advisor Solutions LLC owned approximately 0.35% of VictoryShares Short-Term Bond ETF worth $6,733,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Merit Financial Group LLC boosted its stake in VictoryShares Short-Term Bond ETF by 5,778.3% in the third quarter. Merit Financial Group LLC now owns 2,430,797 shares of the company’s stock valued at $123,946,000 after acquiring an additional 2,389,445 shares during the last quarter. Bank of America Corp DE boosted its stake 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 acquiring an additional 312,543 shares during the last quarter. Cornerstone Planning Group LLC boosted its stake 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 acquiring an additional 245,676 shares during the last quarter. BlueStem Wealth Partners LLC purchased a new position in VictoryShares Short-Term Bond ETF in the fourth quarter valued at about $10,651,000. Finally, Farther Finance Advisors LLC purchased a new position in VictoryShares Short-Term Bond ETF in the fourth quarter valued at about $7,580,000.

VictoryShares Short-Term Bond ETF Trading Down 0.0%

USTB opened at $50.58 on Tuesday. VictoryShares Short-Term Bond ETF has a twelve month low of $50.40 and a twelve month high of $51.12. The company’s 50-day moving average price is $50.60 and its two-hundred day moving average price is $50.78.

VictoryShares Short-Term Bond ETF Cuts Dividend

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

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.