48,341 Shares in VictoryShares Short-Term Bond ETF $USTB Acquired by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. purchased a new stake in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 48,341 shares of the company’s stock, valued at approximately $2,411,000. Oppenheimer & Co. Inc. owned approximately 0.09% of VictoryShares Short-Term Bond ETF at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Western Wealth Management LLC purchased a new position in shares of VictoryShares Short-Term Bond ETF in the 1st quarter valued at $28,000. Atwood & Palmer Inc. acquired a new stake in VictoryShares Short-Term Bond ETF during the 3rd quarter worth $109,000. Private Client Services LLC purchased a new stake in VictoryShares Short-Term Bond ETF in the third quarter valued at $236,000. Centaurus Financial Inc. purchased a new stake in VictoryShares Short-Term Bond ETF in the first quarter valued at $506,000. Finally, M.E. Allison & CO. Inc. boosted its stake in VictoryShares Short-Term Bond ETF by 2.2% in the second quarter. M.E. Allison & CO. Inc. now owns 11,514 shares of the company’s stock valued at $583,000 after acquiring an additional 245 shares in the last quarter.

VictoryShares Short-Term Bond ETF Stock Up 0.1%

Shares of USTB stock opened at $50.19 on Friday. The stock’s 50-day moving average is $50.12 and its two-hundred day moving average is $50.52. VictoryShares Short-Term Bond ETF has a 1 year low of $49.80 and a 1 year high of $51.10.

VictoryShares Short-Term Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 9th. Stockholders of record on Thursday, October 8th were issued a $0.2060 dividend. The ex-dividend date of this dividend was Thursday, October 8th. This is an increase from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.1834. This represents a $2.47 dividend on an annualized basis and a dividend yield of 4.9%.

VictoryShares Short-Term Bond ETF 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.