VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Declares Dividend Increase – $0.36 Per Share

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) declared a monthly dividend on Wednesday, December 10th. Shareholders of record on Thursday, December 11th will be given a dividend of 0.3625 per share on Friday, December 12th. This represents a c) annualized dividend and a yield of 8.6%. The ex-dividend date is Thursday, December 11th. This is a 96.6% increase from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.18.

VictoryShares Short-Term Bond ETF Stock Performance

NASDAQ USTB opened at $50.69 on Thursday. VictoryShares Short-Term Bond ETF has a 1-year low of $50.02 and a 1-year high of $51.12. The business has a 50 day simple moving average of $50.94 and a two-hundred day simple moving average of $50.82.

Institutional Investors Weigh In On VictoryShares Short-Term Bond ETF

Large investors have recently bought and sold shares of the business. M.E. Allison & CO. Inc. raised its stake in VictoryShares Short-Term Bond ETF by 3.5% during the third quarter. M.E. Allison & CO. Inc. now owns 7,673 shares of the company’s stock valued at $391,000 after purchasing an additional 258 shares in the last quarter. Private Trust Co. NA increased its holdings in shares of VictoryShares Short-Term Bond ETF by 25.5% in the 3rd quarter. Private Trust Co. NA now owns 1,454 shares of the company’s stock worth $74,000 after buying an additional 295 shares during the last quarter. Axis Wealth Partners LLC raised its position in shares of VictoryShares Short-Term Bond ETF by 6.2% during the 3rd quarter. Axis Wealth Partners LLC now owns 5,229 shares of the company’s stock valued at $267,000 after buying an additional 303 shares in the last quarter. Burt Wealth Advisors raised its position in shares of 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 buying an additional 499 shares in the last quarter. Finally, IHT Wealth Management LLC lifted its holdings in shares of VictoryShares Short-Term Bond ETF by 5.1% in the 2nd quarter. IHT Wealth Management LLC now owns 10,299 shares of the company’s stock valued at $523,000 after acquiring an additional 500 shares during the last quarter.

VictoryShares Short-Term Bond ETF Company 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.