Private Advisor Group LLC Acquires 49,676 Shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Private Advisor Group LLC raised its holdings in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 81.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 110,590 shares of the company’s stock after acquiring an additional 49,676 shares during the quarter. Private Advisor Group LLC’s holdings in VictoryShares Short-Term Bond ETF were worth $5,552,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Fortitude Family Office LLC bought a new position in shares of VictoryShares Short-Term Bond ETF during the 3rd quarter worth approximately $91,000. Fifth Third Bancorp bought a new position in shares of VictoryShares Short-Term Bond ETF during the 4th quarter worth approximately $155,000. Janney Montgomery Scott LLC bought a new position in shares of VictoryShares Short-Term Bond ETF during the 4th quarter worth approximately $294,000. Octavia Wealth Advisors LLC grew its stake in shares of VictoryShares Short-Term Bond ETF by 37.9% during the 4th quarter. Octavia Wealth Advisors LLC now owns 5,985 shares of the company’s stock worth $300,000 after acquiring an additional 1,645 shares in the last quarter. Finally, Greenup Street Wealth Management LLC bought a new position in shares of VictoryShares Short-Term Bond ETF during the 4th quarter worth approximately $305,000.

VictoryShares Short-Term Bond ETF Price Performance

NASDAQ:USTB opened at $50.46 on Friday. VictoryShares Short-Term Bond ETF has a 1-year low of $49.29 and a 1-year high of $50.92. The firm has a fifty day simple moving average of $50.27 and a 200 day simple moving average of $50.42.

VictoryShares Short-Term Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Monday, February 10th. Investors of record on Friday, February 7th were paid a $0.1892 dividend. The ex-dividend date of this dividend was Friday, February 7th. This is a boost from VictoryShares Short-Term Bond ETF’s previous dividend of $0.04.

VictoryShares Short-Term Bond ETF Company 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.