VictoryShares Short-Term Bond ETF $USTB Shares Purchased by Valmark Advisers Inc.

Valmark Advisers Inc. lifted its holdings in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 112.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,237 shares of the company’s stock after purchasing an additional 30,262 shares during the period. Valmark Advisers Inc. owned about 0.18% of VictoryShares Short-Term Bond ETF worth $2,918,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. M.E. Allison & CO. Inc. increased its position in VictoryShares Short-Term Bond ETF by 3.5% during the 3rd quarter. M.E. Allison & CO. Inc. now owns 7,673 shares of the company’s stock worth $391,000 after purchasing an additional 258 shares in the last quarter. Private Trust Co. NA increased its position in shares of VictoryShares Short-Term Bond ETF by 25.5% in the third quarter. Private Trust Co. NA now owns 1,454 shares of the company’s stock worth $74,000 after acquiring an additional 295 shares in the last quarter. Burt Wealth Advisors raised its stake in shares of VictoryShares Short-Term Bond ETF by 6.7% in the 2nd quarter. Burt Wealth Advisors now owns 7,924 shares of the company’s stock valued at $403,000 after acquiring an additional 499 shares during the period. IHT Wealth Management LLC lifted its holdings in shares of VictoryShares Short-Term Bond ETF by 5.1% during the 2nd quarter. IHT Wealth Management LLC now owns 10,299 shares of the company’s stock valued at $523,000 after acquiring an additional 500 shares in the last quarter. Finally, REDW Wealth LLC boosted its position in VictoryShares Short-Term Bond ETF by 9.8% during the 2nd quarter. REDW Wealth LLC now owns 8,896 shares of the company’s stock worth $452,000 after purchasing an additional 792 shares during the period.

VictoryShares Short-Term Bond ETF Stock Performance

Shares of NASDAQ:USTB opened at $50.85 on Friday. The business’s 50-day simple moving average is $50.87 and its 200 day simple moving average is $50.86. VictoryShares Short-Term Bond ETF has a one year low of $50.06 and a one year high of $51.12.

VictoryShares Short-Term Bond ETF Cuts Dividend

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