Raymond James Financial Inc. Takes $15.97 Million Position in VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Raymond James Financial Inc. acquired a new stake in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 318,054 shares of the company’s stock, valued at approximately $15,966,000.

Several other institutional investors and hedge funds have also made changes to their positions in USTB. Certified Advisory Corp boosted its holdings in shares of VictoryShares Short-Term Bond ETF by 631.6% in the third quarter. Certified Advisory Corp now owns 163,310 shares of the company’s stock valued at $8,298,000 after acquiring an additional 140,989 shares in the last quarter. Integrated Wealth Concepts LLC lifted its stake in VictoryShares Short-Term Bond ETF by 53.7% during the third quarter. Integrated Wealth Concepts LLC now owns 29,697 shares of the company’s stock valued at $1,509,000 after purchasing an additional 10,371 shares during the last quarter. IHT Wealth Management LLC lifted its stake in VictoryShares Short-Term Bond ETF by 124.5% during the third quarter. IHT Wealth Management LLC now owns 14,299 shares of the company’s stock valued at $727,000 after purchasing an additional 7,929 shares during the last quarter. Stifel Financial Corp lifted its stake in VictoryShares Short-Term Bond ETF by 8.9% during the third quarter. Stifel Financial Corp now owns 51,451 shares of the company’s stock valued at $2,614,000 after purchasing an additional 4,192 shares during the last quarter. Finally, Orion Portfolio Solutions LLC lifted its stake in VictoryShares Short-Term Bond ETF by 1.1% during the third quarter. Orion Portfolio Solutions LLC now owns 36,845 shares of the company’s stock valued at $1,872,000 after purchasing an additional 401 shares during the last quarter.

VictoryShares Short-Term Bond ETF Price Performance

USTB stock opened at $50.48 on Wednesday. VictoryShares Short-Term Bond ETF has a 12 month low of $49.29 and a 12 month high of $50.92. The firm has a 50 day simple moving average of $50.41 and a 200 day simple moving average of $50.44.

VictoryShares Short-Term Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, March 11th. Investors of record on Monday, March 10th were paid a dividend of $0.193 per share. The ex-dividend date of this dividend was Monday, March 10th. This is a positive change from VictoryShares Short-Term Bond ETF’s previous dividend of $0.19.

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.