Global Retirement Partners LLC Sells 8,858 Shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Global Retirement Partners LLC trimmed its position in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 52.1% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 8,142 shares of the company’s stock after selling 8,858 shares during the period. Global Retirement Partners LLC owned about 0.06% of VictoryShares Short-Term Bond ETF worth $414,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in USTB. ERn Financial LLC bought a new position in shares of VictoryShares Short-Term Bond ETF in the 2nd quarter worth $14,126,000. Waverly Advisors LLC bought a new position in shares of VictoryShares Short-Term Bond ETF in the 1st quarter worth $11,970,000. Pinnacle Wealth Management Group Inc. bought a new position in shares of VictoryShares Short-Term Bond ETF in the 3rd quarter worth $6,395,000. Commonwealth Equity Services LLC bought a new position in shares of VictoryShares Short-Term Bond ETF in the 1st quarter worth $4,216,000. Finally, Smith Thornton Advisors LLC bought a new position in shares of VictoryShares Short-Term Bond ETF in the 2nd quarter worth $3,706,000.

VictoryShares Short-Term Bond ETF Stock Performance

NASDAQ:USTB opened at $50.44 on Tuesday. VictoryShares Short-Term Bond ETF has a 12-month low of $48.42 and a 12-month high of $50.92. The stock’s fifty day simple moving average is $50.62 and its 200-day simple moving average is $50.10.

VictoryShares Short-Term Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, October 9th. Investors of record on Tuesday, October 8th were paid a dividend of $0.1687 per share. This represents a $2.02 annualized dividend and a yield of 4.01%. The ex-dividend date was Tuesday, October 8th.

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.