VictoryShares Short-Term Bond ETF (USTB) to Distribute Monthly Dividend of $0.18 on November 9th

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) declared a monthly dividend on Thursday, November 5th. Stockholders of record on Friday, November 6th will be given a dividend of $0.1817 per share on Monday, November 9th. This represents a $2.18 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend is Friday, November 6th. This is a 11.8% decrease from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.2060.

VictoryShares Short-Term Bond ETF Stock Down 0.4%

USTB stock opened at $50.09 on Friday. VictoryShares Short-Term Bond ETF has a 1 year low of $49.80 and a 1 year high of $51.10. The stock’s 50 day moving average price is $50.08 and its 200 day moving average price is $50.51.

Hedge Funds Weigh In On VictoryShares Short-Term Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. M.E. Allison & CO. Inc. boosted its holdings in shares of VictoryShares Short-Term Bond ETF by 2.2% in the 2nd quarter. M.E. Allison & CO. Inc. now owns 11,514 shares of the company’s stock worth $583,000 after purchasing an additional 245 shares during the period. Western Wealth Management LLC purchased a new stake in VictoryShares Short-Term Bond ETF in the 1st quarter valued at about $28,000. Sigma Planning Corp grew its stake in VictoryShares Short-Term Bond ETF by 3.8% in the first quarter. Sigma Planning Corp now owns 24,019 shares of the company’s stock worth $1,215,000 after purchasing an additional 889 shares in the last quarter. Integras Partners LLC lifted its position in VictoryShares Short-Term Bond ETF by 14.0% in the third quarter. Integras Partners LLC now owns 8,536 shares of the company’s stock worth $426,000 after purchasing an additional 1,048 shares during the period. Finally, Kestra Advisory Services LLC raised its stake in shares of VictoryShares Short-Term Bond ETF by 6.2% during the 1st quarter. Kestra Advisory Services LLC now owns 29,401 shares of the company’s stock worth $1,487,000 after purchasing an additional 1,714 shares in the last quarter.

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.