VictoryShares Short-Term Bond ETF (USTB) to Issue Monthly Dividend of $0.03 on January 9th

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) announced a monthly dividend on Wednesday, January 7th. Investors of record on Thursday, January 8th will be paid a dividend of 0.0341 per share on Friday, January 9th. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date is Thursday, January 8th.

VictoryShares Short-Term Bond ETF Trading Down 0.1%

Shares of NASDAQ:USTB opened at $50.85 on Friday. VictoryShares Short-Term Bond ETF has a 12-month low of $50.06 and a 12-month high of $51.12. The stock has a 50 day moving average of $50.87 and a 200 day moving average of $50.86.

Institutional Trading of VictoryShares Short-Term Bond ETF

Several hedge funds have recently made changes to their positions in USTB. Victory Capital Management Inc. boosted its holdings in shares of VictoryShares Short-Term Bond ETF by 0.4% in the 3rd quarter. Victory Capital Management Inc. now owns 5,331,308 shares of the company’s stock worth $271,843,000 after purchasing an additional 20,000 shares during the period. Merit Financial Group LLC lifted its position in shares of VictoryShares Short-Term Bond ETF by 5,778.3% during the third quarter. Merit Financial Group LLC now owns 2,430,797 shares of the company’s stock worth $123,946,000 after purchasing an additional 2,389,445 shares during the last quarter. Bank of America Corp DE boosted its position in VictoryShares Short-Term Bond ETF by 6.8% in the 3rd quarter. Bank of America Corp DE now owns 1,390,580 shares of the company’s stock valued at $70,906,000 after buying an additional 88,108 shares during the period. Amplius Wealth Advisors LLC boosted its holdings in shares of VictoryShares Short-Term Bond ETF by 13.4% in the third quarter. Amplius Wealth Advisors LLC now owns 762,893 shares of the company’s stock valued at $38,900,000 after purchasing an additional 90,135 shares during the period. Finally, Stonebridge Financial Group LLC increased its stake in shares of VictoryShares Short-Term Bond ETF by 25.7% during the third quarter. Stonebridge Financial Group LLC now owns 692,506 shares of the company’s stock valued at $35,311,000 after buying an additional 141,511 shares during the period.

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.