VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Sees Large Volume Increase – Should You Buy?

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) saw strong trading volume on Wednesday . 219,233 shares traded hands during mid-day trading, an increase of 184% from the previous session’s volume of 77,084 shares.The stock last traded at $50.58 and had previously closed at $50.57.

VictoryShares Short-Term Bond ETF Price Performance

The firm’s fifty day moving average is $50.43 and its 200-day moving average is $50.31.

VictoryShares Short-Term Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, November 8th. Investors of record on Thursday, November 7th were issued a $0.2103 dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $2.52 annualized dividend and a yield of 4.99%.

Institutional Trading of VictoryShares Short-Term Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Pine Valley Investments Ltd Liability Co grew its position in VictoryShares Short-Term Bond ETF by 12.7% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 117,976 shares of the company’s stock valued at $5,994,000 after acquiring an additional 13,266 shares in the last quarter. Orion Portfolio Solutions LLC grew its position in VictoryShares Short-Term Bond ETF by 1.1% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 36,845 shares of the company’s stock valued at $1,872,000 after acquiring an additional 401 shares in the last quarter. Stifel Financial Corp grew its position in VictoryShares Short-Term Bond ETF by 8.9% in the 3rd quarter. Stifel Financial Corp now owns 51,451 shares of the company’s stock valued at $2,614,000 after acquiring an additional 4,192 shares in the last quarter. IHT Wealth Management LLC grew its position in VictoryShares Short-Term Bond ETF by 124.5% in the 3rd quarter. IHT Wealth Management LLC now owns 14,299 shares of the company’s stock valued at $727,000 after acquiring an additional 7,929 shares in the last quarter. Finally, Integrated Wealth Concepts LLC grew its position in VictoryShares Short-Term Bond ETF by 53.7% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 29,697 shares of the company’s stock valued at $1,509,000 after acquiring an additional 10,371 shares in 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.