Stonebridge Financial Group LLC Boosts Position in VictoryShares Short-Term Bond ETF $USTB

Stonebridge Financial Group LLC lifted its stake in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 5.2% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 927,201 shares of the company’s stock after buying an additional 45,870 shares during the quarter. VictoryShares Short-Term Bond ETF comprises approximately 3.6% of Stonebridge Financial Group LLC’s investment portfolio, making the stock its 4th largest holding. Stonebridge Financial Group LLC’s holdings in VictoryShares Short-Term Bond ETF were worth $46,935,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Farther Finance Advisors LLC acquired a new position in shares of VictoryShares Short-Term Bond ETF during the 4th quarter valued at $7,580,000. HORAN Wealth LLC grew its holdings in VictoryShares Short-Term Bond ETF by 19.8% in the first quarter. HORAN Wealth LLC now owns 262,376 shares of the company’s stock worth $13,274,000 after purchasing an additional 43,338 shares during the period. Merit Financial Group LLC grew its holdings in VictoryShares Short-Term Bond ETF by 6.9% in the fourth quarter. Merit Financial Group LLC now owns 2,598,695 shares of the company’s stock worth $132,118,000 after purchasing an additional 167,898 shares during the period. Certified Advisory Corp increased its stake in VictoryShares Short-Term Bond ETF by 10.5% in the first quarter. Certified Advisory Corp now owns 231,971 shares of the company’s stock valued at $11,733,000 after purchasing an additional 22,076 shares in the last quarter. Finally, Apella Capital LLC increased its stake in VictoryShares Short-Term Bond ETF by 13.7% in the fourth quarter. Apella Capital LLC now owns 195,167 shares of the company’s stock valued at $9,922,000 after purchasing an additional 23,556 shares in the last quarter.

VictoryShares Short-Term Bond ETF Trading Up 0.1%

Shares of NASDAQ USTB opened at $50.51 on Tuesday. The firm’s 50-day moving average price is $50.53 and its 200-day moving average price is $50.68. VictoryShares Short-Term Bond ETF has a 1-year low of $50.31 and a 1-year high of $51.12.

VictoryShares Short-Term Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 10th. Investors of record on Thursday, July 9th were given a $0.2031 dividend. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend was Thursday, July 9th. This is a positive change from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.18.

VictoryShares Short-Term Bond ETF 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.