VictoryShares Short-Term Bond ETF $USTB Stock Holdings Boosted by Valmark Advisers Inc.

Valmark Advisers Inc. boosted its position in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 112.2% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 57,237 shares of the company’s stock after purchasing an additional 30,262 shares during the quarter. Valmark Advisers Inc.’s holdings in VictoryShares Short-Term Bond ETF were worth $2,918,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Merit Financial Group LLC increased its position in VictoryShares Short-Term Bond ETF by 5,778.3% in the 3rd quarter. Merit Financial Group LLC now owns 2,430,797 shares of the company’s stock valued at $123,946,000 after acquiring an additional 2,389,445 shares during the period. Bank of America Corp DE increased its stake in VictoryShares Short-Term Bond ETF by 31.6% during the 2nd quarter. Bank of America Corp DE now owns 1,302,472 shares of the company’s stock valued at $66,192,000 after buying an additional 312,543 shares during the period. Stonebridge Financial Group LLC lifted its stake in shares of VictoryShares Short-Term Bond ETF by 121.1% in the 2nd quarter. Stonebridge Financial Group LLC now owns 550,995 shares of the company’s stock worth $28,002,000 after acquiring an additional 301,786 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of VictoryShares Short-Term Bond ETF by 75.1% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 504,794 shares of the company’s stock valued at $25,613,000 after acquiring an additional 216,521 shares during the period. Finally, HORAN Wealth LLC bought a new stake in VictoryShares Short-Term Bond ETF during the second quarter worth approximately $10,228,000.

VictoryShares Short-Term Bond ETF Stock Performance

Shares of USTB stock opened at $50.85 on Friday. VictoryShares Short-Term Bond ETF has a 1 year low of $50.06 and a 1 year high of $51.12. The business’s fifty day moving average is $50.87 and its 200-day moving average is $50.86.

VictoryShares Short-Term Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 9th. Shareholders of record on Thursday, January 8th were given a $0.0341 dividend. The ex-dividend date was Thursday, January 8th. This represents a c) annualized dividend and a yield of 0.8%.

About VictoryShares Short-Term Bond ETF

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.