Steward Partners Investment Advisory LLC Purchases New Shares in VictoryShares Short-Term Bond ETF $USTB

Steward Partners Investment Advisory LLC purchased a new position in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 43,598 shares of the company’s stock, valued at approximately $2,216,000. Steward Partners Investment Advisory LLC owned 0.17% of VictoryShares Short-Term Bond ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in USTB. Parallel Advisors LLC purchased a new stake in shares of VictoryShares Short-Term Bond ETF during the second quarter worth about $202,000. M.E. Allison & CO. Inc. purchased a new position in VictoryShares Short-Term Bond ETF in the second quarter valued at about $377,000. Burt Wealth Advisors grew its stake in VictoryShares Short-Term Bond ETF by 6.7% during the 2nd quarter. Burt Wealth Advisors now owns 7,924 shares of the company’s stock valued at $403,000 after purchasing an additional 499 shares in the last quarter. REDW Wealth LLC increased its holdings in VictoryShares Short-Term Bond ETF by 9.8% during the 2nd quarter. REDW Wealth LLC now owns 8,896 shares of the company’s stock worth $452,000 after purchasing an additional 792 shares during the last quarter. Finally, CW Advisors LLC purchased a new stake in VictoryShares Short-Term Bond ETF during the 1st quarter worth approximately $541,000.

VictoryShares Short-Term Bond ETF Stock Performance

VictoryShares Short-Term Bond ETF stock opened at $50.99 on Friday. The stock has a 50 day moving average of $50.94 and a 200-day moving average of $50.79. VictoryShares Short-Term Bond ETF has a 52 week low of $50.02 and a 52 week high of $51.12.

VictoryShares Short-Term Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, November 10th. Shareholders of record on Friday, November 7th were issued a dividend of $0.1844 per share. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Friday, November 7th.

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.