VictoryShares Short-Term Bond ETF $USTB Shares Newly Acquired by International City Management Association Retirement Corp

International City Management Association Retirement Corp bought a new position in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) in the third quarter, Holdings Channel.com reports. The firm bought 457,609 shares of the company’s stock, valued at approximately $22,826,000. VictoryShares Short-Term Bond ETF comprises about 5.1% of International City Management Association Retirement Corp’s investment portfolio, making the stock its 9th biggest holding.

A number of other hedge funds also recently made changes to their positions in the stock. Go Invest LLC bought a new stake in shares of VictoryShares Short-Term Bond ETF during the 3rd quarter valued at approximately $130,917,000. Stonebridge Financial Group LLC increased its position in VictoryShares Short-Term Bond ETF by 86.7% during the 3rd quarter. Stonebridge Financial Group LLC now owns 1,731,326 shares of the company’s stock worth $86,359,000 after purchasing an additional 804,125 shares in the last quarter. Bank of America Corp DE lifted its stake in VictoryShares Short-Term Bond ETF by 10.0% in the 1st quarter. Bank of America Corp DE now owns 1,531,498 shares of the company’s stock valued at $77,463,000 after purchasing an additional 139,855 shares during the last quarter. Broadway Wealth Solutions Inc. lifted its stake in VictoryShares Short-Term Bond ETF by 5.8% in the 3rd quarter. Broadway Wealth Solutions Inc. now owns 612,191 shares of the company’s stock valued at $30,536,000 after purchasing an additional 33,392 shares during the last quarter. Finally, Marquette Asset Management LLC bought a new position in VictoryShares Short-Term Bond ETF in the 3rd quarter valued at approximately $28,106,000.

VictoryShares Short-Term Bond ETF Stock Performance

Shares of VictoryShares Short-Term Bond ETF stock opened at $50.02 on Tuesday. The company’s 50 day moving average price is $50.15 and its two-hundred day moving average price is $50.54. VictoryShares Short-Term Bond ETF has a fifty-two week low of $49.80 and a fifty-two week high of $51.10.

VictoryShares Short-Term Bond ETF Increases Dividend

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

VictoryShares Short-Term Bond ETF Company 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.