Oppenheimer & Co. Inc. Makes New $2.41 Million Investment in VictoryShares Short-Term Bond ETF $USTB

Oppenheimer & Co. Inc. bought a new stake in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 48,341 shares of the company’s stock, valued at approximately $2,411,000.

A number of other institutional investors and hedge funds have also made changes to their positions in USTB. Kintra Wealth LLC lifted its stake in shares of VictoryShares Short-Term Bond ETF by 8.2% in the second quarter. Kintra Wealth LLC now owns 424,283 shares of the company’s stock valued at $21,414,000 after purchasing an additional 32,214 shares during the period. Kirkwood Financial Services purchased a new stake in VictoryShares Short-Term Bond ETF during the second quarter worth about $13,118,000. HORAN Wealth LLC boosted its holdings in VictoryShares Short-Term Bond ETF by 19.8% during the first quarter. HORAN Wealth LLC now owns 262,376 shares of the company’s stock worth $13,274,000 after buying an additional 43,338 shares in the last quarter. Envestnet Asset Management Inc. grew its position in VictoryShares Short-Term Bond ETF by 10.4% during the second quarter. Envestnet Asset Management Inc. now owns 171,901 shares of the company’s stock worth $8,702,000 after buying an additional 16,247 shares during the period. Finally, Toth Financial Advisory Corp acquired a new position in VictoryShares Short-Term Bond ETF during the third quarter worth about $11,241,000.

VictoryShares Short-Term Bond ETF Trading Up 0.1%

VictoryShares Short-Term Bond ETF stock opened at $50.19 on Friday. VictoryShares Short-Term Bond ETF has a 52 week low of $49.80 and a 52 week high of $51.10. The firm’s 50-day simple moving average is $50.12 and its 200 day simple moving average is $50.52.

VictoryShares Short-Term Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 9th. Investors of record on Thursday, October 8th were given a dividend of $0.2060 per share. This represents a $2.47 annualized dividend and a yield of 4.9%. This is a positive change from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.1834. The ex-dividend date of this dividend was Thursday, October 8th.

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.