Quadcap Wealth Management LLC Acquires 31,320 Shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Quadcap Wealth Management LLC increased its holdings in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 45.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 100,416 shares of the company’s stock after purchasing an additional 31,320 shares during the quarter. VictoryShares Short-Term Bond ETF accounts for 0.7% of Quadcap Wealth Management LLC’s holdings, making the stock its 24th biggest position. Quadcap Wealth Management LLC owned approximately 0.52% of VictoryShares Short-Term Bond ETF worth $5,041,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Victory Capital Management Inc. grew its stake in shares of VictoryShares Short-Term Bond ETF by 23.0% during the 4th quarter. Victory Capital Management Inc. now owns 5,122,240 shares of the company’s stock worth $257,136,000 after acquiring an additional 959,375 shares in the last quarter. Broadway Wealth Solutions Inc. bought a new position in shares of VictoryShares Short-Term Bond ETF in the fourth quarter valued at $19,306,000. LPL Financial LLC grew its stake in shares of VictoryShares Short-Term Bond ETF by 97.8% in the fourth quarter. LPL Financial LLC now owns 716,137 shares of the company’s stock valued at $35,950,000 after buying an additional 354,102 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of VictoryShares Short-Term Bond ETF in the fourth quarter valued at $15,966,000. Finally, Bank of America Corp DE grew its stake in shares of VictoryShares Short-Term Bond ETF by 35.3% in the fourth quarter. Bank of America Corp DE now owns 900,446 shares of the company’s stock valued at $45,202,000 after buying an additional 235,003 shares in the last quarter.

VictoryShares Short-Term Bond ETF Price Performance

NASDAQ:USTB opened at $50.32 on Thursday. VictoryShares Short-Term Bond ETF has a 1-year low of $49.53 and a 1-year high of $50.92. The firm has a fifty day simple moving average of $50.49 and a 200 day simple moving average of $50.40.

VictoryShares Short-Term Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, May 9th. Investors of record on Thursday, May 8th were paid a $0.1886 dividend. The ex-dividend date of this dividend was Thursday, May 8th. This represents a $2.26 annualized dividend and a dividend yield of 4.50%.

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.