VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Shares Acquired by Raymond James & Associates

Raymond James & Associates raised its stake in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 16.8% in the third quarter, HoldingsChannel.com reports. The fund owned 102,964 shares of the company’s stock after purchasing an additional 14,816 shares during the quarter. Raymond James & Associates’ holdings in VictoryShares Short-Term Bond ETF were worth $5,232,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Daymark Wealth Partners LLC lifted its stake in shares of VictoryShares Short-Term Bond ETF by 2.2% during the second quarter. Daymark Wealth Partners LLC now owns 14,432 shares of the company’s stock worth $719,000 after purchasing an additional 305 shares in the last quarter. Concourse Financial Group Securities Inc. grew its holdings in shares of VictoryShares Short-Term Bond ETF by 9.0% during the first quarter. Concourse Financial Group Securities Inc. now owns 18,745 shares of the company’s stock valued at $934,000 after purchasing an additional 1,554 shares during the last quarter. Marquette Asset Management LLC grew its holdings in shares of VictoryShares Short-Term Bond ETF by 0.3% during the first quarter. Marquette Asset Management LLC now owns 595,489 shares of the company’s stock valued at $29,673,000 after purchasing an additional 1,615 shares during the last quarter. SageView Advisory Group LLC increased its position in 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 acquiring an additional 1,973 shares during the period. Finally, Darrow Company Inc. increased its position in VictoryShares Short-Term Bond ETF by 5.0% in the 2nd quarter. Darrow Company Inc. now owns 47,190 shares of the company’s stock valued at $2,350,000 after acquiring an additional 2,256 shares during the period.

VictoryShares Short-Term Bond ETF Trading Down 0.1 %

Shares of USTB stock opened at $50.35 on Friday. The business’s fifty day moving average is $50.62 and its 200-day moving average is $50.15. VictoryShares Short-Term Bond ETF has a 1 year low of $48.62 and a 1 year high of $50.92.

VictoryShares Short-Term Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Wednesday, October 9th. Stockholders of record on Tuesday, October 8th were given a $0.1687 dividend. The ex-dividend date of this dividend was Tuesday, October 8th. This represents a $2.02 annualized dividend and a dividend yield of 4.02%.

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.