Kintra Wealth LLC Boosts Stock Holdings in VictoryShares Short-Term Bond ETF $USTB

Kintra Wealth LLC grew its position in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 8.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 424,283 shares of the company’s stock after buying an additional 32,214 shares during the period. VictoryShares Short-Term Bond ETF accounts for 1.1% of Kintra Wealth LLC’s investment portfolio, making the stock its 23rd largest position. Kintra Wealth LLC owned about 0.92% of VictoryShares Short-Term Bond ETF worth $21,414,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of USTB. Victory Capital Management Inc. raised its holdings in VictoryShares Short-Term Bond ETF by 0.3% during the 4th quarter. Victory Capital Management Inc. now owns 5,346,109 shares of the company’s stock valued at $271,796,000 after acquiring an additional 14,801 shares during the period. Morgan Stanley grew its position in shares of VictoryShares Short-Term Bond ETF by 28.8% in the fourth quarter. Morgan Stanley now owns 2,173,526 shares of the company’s stock valued at $110,502,000 after purchasing an additional 486,138 shares in the last quarter. Bank of America Corp DE raised its stake in shares of VictoryShares Short-Term Bond ETF by 10.0% during the 1st quarter. Bank of America Corp DE now owns 1,531,498 shares of the company’s stock valued at $77,463,000 after purchasing an additional 139,855 shares during the period. LPL Financial LLC raised its stake in shares of VictoryShares Short-Term Bond ETF by 7.8% during the 4th quarter. LPL Financial LLC now owns 1,334,919 shares of the company’s stock valued at $67,867,000 after purchasing an additional 96,021 shares during the period. Finally, Stonebridge Financial Group LLC lifted its holdings in VictoryShares Short-Term Bond ETF by 5.2% during the 2nd quarter. Stonebridge Financial Group LLC now owns 927,201 shares of the company’s stock worth $46,935,000 after purchasing an additional 45,870 shares in the last quarter.

VictoryShares Short-Term Bond ETF Stock Performance

Shares of NASDAQ USTB opened at $50.45 on Friday. VictoryShares Short-Term Bond ETF has a 52 week low of $50.31 and a 52 week high of $51.12. The business has a 50-day simple moving average of $50.48 and a two-hundred day simple moving average of $50.60.

VictoryShares Short-Term Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, August 10th. Stockholders of record on Friday, August 7th were given a $0.1723 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Friday, August 7th.

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.