Rockefeller Capital Management L.P. Increases Stake in VictoryShares Short-Term Bond ETF $USTB

Rockefeller Capital Management L.P. lifted its stake in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 417.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 26,015 shares of the company’s stock after purchasing an additional 20,986 shares during the period. Rockefeller Capital Management L.P.’s holdings in VictoryShares Short-Term Bond ETF were worth $1,323,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the company. Sunbelt Securities Inc. acquired a new stake in VictoryShares Short-Term Bond ETF in the third quarter valued at approximately $30,000. JPMorgan Chase & Co. acquired a new position in VictoryShares Short-Term Bond ETF during the 3rd quarter worth approximately $32,000. Global Retirement Partners LLC purchased a new stake in shares of VictoryShares Short-Term Bond ETF in the 4th quarter valued at approximately $33,000. Aptus Capital Advisors LLC purchased a new stake in shares of VictoryShares Short-Term Bond ETF in the 3rd quarter valued at approximately $72,000. Finally, SHP Wealth Management acquired a new stake in shares of VictoryShares Short-Term Bond ETF in the 4th quarter valued at $100,000.

VictoryShares Short-Term Bond ETF Stock Down 0.0%

VictoryShares Short-Term Bond ETF stock opened at $50.61 on Thursday. The company has a fifty day simple moving average of $50.58 and a 200-day simple moving average of $50.73. VictoryShares Short-Term Bond ETF has a 12-month low of $50.40 and a 12-month high of $51.12.

VictoryShares Short-Term Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Tuesday, June 9th were paid a $0.182 dividend. The ex-dividend date was Tuesday, June 9th. This represents a c) dividend on an annualized basis and a yield of 4.3%.

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.