7,961 Shares in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Acquired by Private Client Services LLC

Private Client Services LLC bought a new stake in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 7,961 shares of the company’s stock, valued at approximately $404,000. Private Client Services LLC owned about 0.06% of VictoryShares Short-Term Bond ETF as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Aspire Wealth Management Corp lifted its stake in shares of VictoryShares Short-Term Bond ETF by 18.9% during the 1st quarter. Aspire Wealth Management Corp now owns 4,139 shares of the company’s stock worth $206,000 after purchasing an additional 658 shares during the last quarter. SageView Advisory Group LLC raised its position in shares of VictoryShares Short-Term Bond ETF by 47.6% in the 1st quarter. SageView Advisory Group LLC now owns 6,115 shares of the company’s stock valued at $305,000 after purchasing an additional 1,973 shares during the last quarter. Mainstay Capital Management LLC ADV acquired a new stake in VictoryShares Short-Term Bond ETF in the 1st quarter worth approximately $340,000. REDW Wealth LLC purchased a new stake in VictoryShares Short-Term Bond ETF during the 1st quarter worth approximately $462,000. Finally, Daymark Wealth Partners LLC increased its stake in VictoryShares Short-Term Bond ETF by 2.2% during the 2nd quarter. Daymark Wealth Partners LLC now owns 14,432 shares of the company’s stock valued at $719,000 after purchasing an additional 305 shares in the last quarter.

VictoryShares Short-Term Bond ETF Price Performance

Shares of USTB stock opened at $50.79 on Friday. The stock’s 50-day simple moving average is $50.58 and its 200-day simple moving average is $50.04. VictoryShares Short-Term Bond ETF has a fifty-two week low of $48.37 and a fifty-two week high of $50.92.

VictoryShares Short-Term Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, September 12th. Investors of record on Wednesday, September 11th were issued a $0.2377 dividend. This represents a $2.85 annualized dividend and a yield of 5.62%. This is a boost from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.21. The ex-dividend date was Wednesday, September 11th.

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.