VictoryShares Short-Term Bond ETF $USTB Shares Purchased by Darrow Company Inc.

Darrow Company Inc. increased its holdings in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 2.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 80,578 shares of the company’s stock after purchasing an additional 2,243 shares during the quarter. VictoryShares Short-Term Bond ETF accounts for about 2.1% of Darrow Company Inc.’s holdings, making the stock its 19th largest holding. Darrow Company Inc. owned 0.31% of VictoryShares Short-Term Bond ETF worth $4,095,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of USTB. Stonebridge Financial Group LLC increased its position in shares of VictoryShares Short-Term Bond ETF by 121.1% in the second quarter. Stonebridge Financial Group LLC now owns 550,995 shares of the company’s stock valued at $28,002,000 after buying an additional 301,786 shares in the last quarter. LPL Financial LLC grew its stake in VictoryShares Short-Term Bond ETF by 33.8% in the 1st quarter. LPL Financial LLC now owns 957,969 shares of the company’s stock valued at $48,521,000 after acquiring an additional 241,832 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in VictoryShares Short-Term Bond ETF by 75.1% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 504,794 shares of the company’s stock worth $25,613,000 after acquiring an additional 216,521 shares in the last quarter. Victory Capital Management Inc. raised its position in VictoryShares Short-Term Bond ETF by 3.7% during the first quarter. Victory Capital Management Inc. now owns 5,311,308 shares of the company’s stock worth $269,018,000 after acquiring an additional 189,068 shares during the period. Finally, Private Advisor Group LLC raised its position in VictoryShares Short-Term Bond ETF by 110.8% during the first quarter. Private Advisor Group LLC now owns 233,129 shares of the company’s stock worth $11,808,000 after acquiring an additional 122,539 shares during the period.

VictoryShares Short-Term Bond ETF Trading Up 0.0%

Shares of NASDAQ USTB opened at $50.98 on Tuesday. The company’s 50-day simple moving average is $50.93 and its 200-day simple moving average is $50.70. 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 Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 10th. Shareholders of record on Thursday, October 9th were paid a dividend of $0.21 per share. This is an increase from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.19. The ex-dividend date was Thursday, October 9th. This represents a c) annualized dividend and a yield of 4.9%.

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.