VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Sets New 52-Week High at $50.92

VictoryShares Short-Term Bond ETF (NASDAQ:USTB)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $50.92 and last traded at $50.92, with a volume of 7841 shares. The stock had previously closed at $50.81.

VictoryShares Short-Term Bond ETF Stock Up 0.1 %

The stock has a fifty day moving average price of $50.54 and a two-hundred day moving average price of $50.02.

VictoryShares Short-Term Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, September 12th. Shareholders of record on Wednesday, September 11th were paid a dividend of $0.2377 per share. The ex-dividend date was Wednesday, September 11th. This is a boost from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.21. This represents a $2.85 annualized dividend and a yield of 5.61%.

Institutional Trading of VictoryShares Short-Term Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. ERn Financial LLC bought a new stake in VictoryShares Short-Term Bond ETF in the 2nd quarter worth about $14,126,000. Waverly Advisors LLC bought a new stake in VictoryShares Short-Term Bond ETF during the first quarter worth $11,970,000. Prairieview Wealth Partners LLC purchased a new position in VictoryShares Short-Term Bond ETF in the first quarter worth $10,623,000. Commonwealth Equity Services LLC bought a new position in VictoryShares Short-Term Bond ETF in the 1st quarter valued at $4,216,000. Finally, Smith Thornton Advisors LLC purchased a new stake in shares of VictoryShares Short-Term Bond ETF during the 2nd quarter valued at $3,706,000.

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.