Concourse Financial Group Securities Inc. Grows Stock Holdings in VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Concourse Financial Group Securities Inc. lifted its holdings in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 86.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,454 shares of the company’s stock after acquiring an additional 22,987 shares during the quarter. Concourse Financial Group Securities Inc. owned about 0.26% of VictoryShares Short-Term Bond ETF worth $2,488,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC acquired a new position in shares of VictoryShares Short-Term Bond ETF during the fourth quarter worth about $294,000. Fifth Third Bancorp acquired a new position in VictoryShares Short-Term Bond ETF during the 4th quarter worth approximately $155,000. Atria Wealth Solutions Inc. lifted its position in VictoryShares Short-Term Bond ETF by 8.6% during the 4th quarter. Atria Wealth Solutions Inc. now owns 51,099 shares of the company’s stock worth $2,565,000 after acquiring an additional 4,066 shares in the last quarter. LPL Financial LLC boosted its holdings in VictoryShares Short-Term Bond ETF by 97.8% in the 4th quarter. LPL Financial LLC now owns 716,137 shares of the company’s stock worth $35,950,000 after acquiring an additional 354,102 shares during the period. Finally, Private Client Services LLC grew its position in VictoryShares Short-Term Bond ETF by 24.6% in the fourth quarter. Private Client Services LLC now owns 9,921 shares of the company’s stock valued at $498,000 after acquiring an additional 1,960 shares in the last quarter.

VictoryShares Short-Term Bond ETF Price Performance

NASDAQ USTB opened at $50.40 on Friday. The company’s fifty day simple moving average is $50.51 and its 200-day simple moving average is $50.40. VictoryShares Short-Term Bond ETF has a 52 week low of $49.40 and a 52 week high of $50.92.

VictoryShares Short-Term Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 11th. Investors of record on Thursday, April 10th were paid a dividend of $0.2094 per share. The ex-dividend date was Thursday, April 10th. This represents a $2.51 dividend on an annualized basis and a yield of 4.99%.

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.