Private Advisor Group LLC Acquires 66,473 Shares of VictoryShares Short-Term Bond ETF $USTB

Private Advisor Group LLC raised its stake in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 16.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 464,463 shares of the company’s stock after purchasing an additional 66,473 shares during the quarter. Private Advisor Group LLC’s holdings in VictoryShares Short-Term Bond ETF were worth $23,493,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Victory Capital Management Inc. grew its stake in shares of VictoryShares Short-Term Bond ETF by 0.3% in the 4th quarter. Victory Capital Management Inc. now owns 5,346,109 shares of the company’s stock valued at $271,796,000 after purchasing an additional 14,801 shares during the period. Merit Financial Group LLC lifted its position in shares of VictoryShares Short-Term Bond ETF by 6.9% during the 4th quarter. Merit Financial Group LLC now owns 2,598,695 shares of the company’s stock worth $132,118,000 after buying an additional 167,898 shares during the period. Morgan Stanley lifted its position in shares of VictoryShares Short-Term Bond ETF by 28.8% during the 4th quarter. Morgan Stanley now owns 2,173,526 shares of the company’s stock worth $110,502,000 after buying an additional 486,138 shares during the period. Bank of America Corp DE boosted its stake in VictoryShares Short-Term Bond ETF by 6.8% in the 3rd quarter. Bank of America Corp DE now owns 1,390,580 shares of the company’s stock valued at $70,906,000 after buying an additional 88,108 shares in the last quarter. Finally, LPL Financial LLC boosted its stake in VictoryShares Short-Term Bond ETF by 7.8% in the 4th quarter. LPL Financial LLC now owns 1,334,919 shares of the company’s stock valued at $67,867,000 after buying an additional 96,021 shares in the last quarter.

VictoryShares Short-Term Bond ETF Stock Performance

Shares of NASDAQ:USTB opened at $50.62 on Friday. The business’s fifty day moving average price is $50.58 and its two-hundred day moving average price is $50.73. VictoryShares Short-Term Bond ETF has a fifty-two week low of $50.40 and a fifty-two week high of $51.12.

VictoryShares Short-Term Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, June 9th were issued a $0.182 dividend. The ex-dividend date of this dividend was Tuesday, June 9th. This represents a c) annualized dividend and a dividend yield of 4.3%.

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.