VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Reaches New 1-Year High at $50.92

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

VictoryShares Short-Term Bond ETF Trading Up 0.1 %

The stock’s fifty day simple moving average is $50.54 and its two-hundred day simple moving average is $50.02.

VictoryShares Short-Term Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, September 12th. Investors of record on Wednesday, September 11th were given a dividend of $0.2377 per share. This is a positive change 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%. The ex-dividend date of this dividend was Wednesday, September 11th.

Institutional Investors Weigh In On VictoryShares Short-Term Bond ETF

Institutional investors have recently made changes to their positions in the stock. Corient Private Wealth LLC bought a new stake in VictoryShares Short-Term Bond ETF in the fourth quarter valued at approximately $1,051,000. Trademark Financial Management LLC acquired a new stake in VictoryShares Short-Term Bond ETF during the 4th quarter worth about $1,409,000. Prairieview Wealth Partners LLC bought a new position in shares of VictoryShares Short-Term Bond ETF in the 1st quarter worth about $10,623,000. Toth Financial Advisory Corp boosted its position in shares of VictoryShares Short-Term Bond ETF by 5.9% during the 1st quarter. Toth Financial Advisory Corp now owns 157,975 shares of the company’s stock valued at $7,872,000 after purchasing an additional 8,825 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its holdings in VictoryShares Short-Term Bond ETF by 27.2% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 31,841 shares of the company’s stock worth $1,587,000 after purchasing an additional 6,804 shares in the last quarter.

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.