Elk River Wealth Management LLC Has $1.77 Million Stock Position in VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Elk River Wealth Management LLC raised its position in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 11.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,172 shares of the company’s stock after purchasing an additional 3,625 shares during the period. Elk River Wealth Management LLC’s holdings in VictoryShares Short-Term Bond ETF were worth $1,766,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Burt Wealth Advisors grew its stake in shares of VictoryShares Short-Term Bond ETF by 5.3% during the third quarter. Burt Wealth Advisors now owns 7,010 shares of the company’s stock worth $356,000 after buying an additional 350 shares during the last quarter. Orion Portfolio Solutions LLC grew its stake in shares of VictoryShares Short-Term Bond ETF by 1.1% during the third quarter. Orion Portfolio Solutions LLC now owns 36,845 shares of the company’s stock worth $1,872,000 after buying an additional 401 shares during the last quarter. Comprehensive Wealth Management LLC grew its stake in shares of VictoryShares Short-Term Bond ETF by 6.9% during the third quarter. Comprehensive Wealth Management LLC now owns 11,883 shares of the company’s stock worth $604,000 after buying an additional 762 shares during the last quarter. Aspire Wealth Management Corp grew its stake in shares of VictoryShares Short-Term Bond ETF by 11.4% during the third quarter. Aspire Wealth Management Corp now owns 8,757 shares of the company’s stock worth $445,000 after buying an additional 897 shares during the last quarter. Finally, Swmg LLC grew its stake in shares of VictoryShares Short-Term Bond ETF by 6.7% during the fourth quarter. Swmg LLC now owns 16,292 shares of the company’s stock worth $819,000 after buying an additional 1,026 shares during the last quarter.

VictoryShares Short-Term Bond ETF Stock Down 0.3 %

NASDAQ USTB opened at $50.35 on Thursday. The firm’s fifty day moving average price is $50.26 and its two-hundred day moving average price is $50.42. VictoryShares Short-Term Bond ETF has a fifty-two week low of $49.29 and a fifty-two week high of $50.92.

VictoryShares Short-Term Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Monday, February 10th. Shareholders of record on Friday, February 7th were paid a dividend of $0.1892 per share. The ex-dividend date was Friday, February 7th. This is a boost from VictoryShares Short-Term Bond ETF’s previous dividend of $0.04.

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.