Private Client Services LLC Raises Position in VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Private Client Services LLC boosted its position in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 24.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,921 shares of the company’s stock after buying an additional 1,960 shares during the period. Private Client Services LLC owned 0.05% of VictoryShares Short-Term Bond ETF worth $498,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Fortitude Family Office LLC purchased a new stake in shares of VictoryShares Short-Term Bond ETF during the third quarter worth approximately $91,000. Octavia Wealth Advisors LLC acquired a new stake in VictoryShares Short-Term Bond ETF during the 3rd quarter worth $221,000. Burt Wealth Advisors grew its holdings in shares of VictoryShares Short-Term Bond ETF by 5.3% during the third quarter. Burt Wealth Advisors now owns 7,010 shares of the company’s stock worth $356,000 after buying an additional 350 shares in the last quarter. Squire Investment Management Company LLC purchased a new stake in shares of VictoryShares Short-Term Bond ETF during the third quarter worth $431,000. Finally, Aspire Wealth Management Corp raised its position in shares of VictoryShares Short-Term Bond ETF by 11.4% in the third quarter. Aspire Wealth Management Corp now owns 8,757 shares of the company’s stock valued at $445,000 after buying an additional 897 shares during the last quarter.

VictoryShares Short-Term Bond ETF Stock Performance

USTB traded down $0.01 on Wednesday, reaching $50.19. 33,581 shares of the company’s stock were exchanged, compared to its average volume of 78,125. VictoryShares Short-Term Bond ETF has a twelve month low of $49.29 and a twelve month high of $50.92. The stock’s fifty day moving average price is $50.29 and its 200-day moving average price is $50.36.

VictoryShares Short-Term Bond ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 13th. Stockholders of record on Thursday, December 12th were given a $0.3598 dividend. The ex-dividend date was Thursday, December 12th.

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.