VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Sees Large Volume Increase – Still a Buy?

VictoryShares Short-Term Bond ETF (NASDAQ:USTBGet Free Report) saw unusually-strong trading volume on Wednesday . 981,433 shares changed hands during trading, an increase of 278% from the previous session’s volume of 259,490 shares.The stock last traded at $50.56 and had previously closed at $50.56.

VictoryShares Short-Term Bond ETF Stock Performance

The business has a 50-day simple moving average of $50.53 and a two-hundred day simple moving average of $50.68.

VictoryShares Short-Term Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were paid a dividend of $0.2031 per share. This represents a c) annualized dividend and a dividend yield of 4.8%. This is a boost from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.18. The ex-dividend date was Thursday, July 9th.

Institutional Investors Weigh In On VictoryShares Short-Term Bond ETF

Hedge funds have recently modified their holdings of the stock. Western Wealth Management LLC acquired a new position in VictoryShares Short-Term Bond ETF in the 1st quarter valued at $28,000. Sunbelt Securities Inc. acquired a new stake in shares of VictoryShares Short-Term Bond ETF in the 3rd quarter worth $30,000. JPMorgan Chase & Co. purchased a new stake in shares of VictoryShares Short-Term Bond ETF in the third quarter valued at about $32,000. Global Retirement Partners LLC purchased a new stake in shares of VictoryShares Short-Term Bond ETF in the fourth quarter valued at about $33,000. Finally, Aptus Capital Advisors LLC acquired a new position in shares of VictoryShares Short-Term Bond ETF during the third quarter worth about $72,000.

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.

Further Reading

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