Motco Acquires 58,610 Shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Motco grew its holdings in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 26.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 281,958 shares of the company’s stock after acquiring an additional 58,610 shares during the period. VictoryShares Short-Term Bond ETF accounts for approximately 1.5% of Motco’s holdings, making the stock its 11th largest position. Motco’s holdings in VictoryShares Short-Term Bond ETF were worth $14,154,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of USTB. Bensler LLC bought a new position in shares of VictoryShares Short-Term Bond ETF in the third quarter worth about $10,169,000. Certified Advisory Corp increased its position in VictoryShares Short-Term Bond ETF by 631.6% in the 3rd quarter. Certified Advisory Corp now owns 163,310 shares of the company’s stock worth $8,298,000 after buying an additional 140,989 shares during the period. Redhawk Wealth Advisors Inc. lifted its holdings in shares of VictoryShares Short-Term Bond ETF by 69.1% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 271,322 shares of the company’s stock worth $13,620,000 after buying an additional 110,916 shares during the last quarter. Midwest Capital Advisors LLC acquired a new position in shares of VictoryShares Short-Term Bond ETF during the fourth quarter worth approximately $4,619,000. Finally, Merit Financial Group LLC bought a new stake in shares of VictoryShares Short-Term Bond ETF in the fourth quarter valued at approximately $2,744,000.

VictoryShares Short-Term Bond ETF Stock Down 0.0 %

Shares of USTB stock opened at $50.58 on Friday. VictoryShares Short-Term Bond ETF has a 1 year low of $49.29 and a 1 year high of $50.92. The firm’s fifty day simple moving average is $50.30 and its 200 day simple moving average is $50.43.

VictoryShares Short-Term Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Monday, February 10th. Investors of record on Friday, February 7th were paid a $0.1892 dividend. 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.