Axis Wealth Partners LLC Acquires New Shares in VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Axis Wealth Partners LLC acquired a new stake in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) during the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 4,085 shares of the company’s stock, valued at approximately $205,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in USTB. Fifth Third Bancorp bought a new position in VictoryShares Short-Term Bond ETF in the 4th quarter worth about $155,000. Janney Montgomery Scott LLC bought a new position in VictoryShares Short-Term Bond ETF in the 4th quarter worth about $294,000. Octavia Wealth Advisors LLC increased its stake in VictoryShares Short-Term Bond ETF by 37.9% in 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 during the last quarter. Greenup Street Wealth Management LLC bought a new position in VictoryShares Short-Term Bond ETF in the 4th quarter worth about $305,000. Finally, Burt Wealth Advisors increased its stake in VictoryShares Short-Term Bond ETF by 2.9% in the 4th quarter. Burt Wealth Advisors now owns 7,215 shares of the company’s stock worth $362,000 after acquiring an additional 205 shares during the last quarter.

VictoryShares Short-Term Bond ETF Trading Down 0.0 %

Shares of VictoryShares Short-Term Bond ETF stock opened at $50.64 on Monday. The business’s 50-day moving average price is $50.37 and its 200-day moving average price is $50.44. VictoryShares Short-Term Bond ETF has a 12 month low of $49.29 and a 12 month high of $50.92.

VictoryShares Short-Term Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, February 10th. Stockholders of record on Friday, February 7th were given a dividend of $0.1892 per share. The ex-dividend date was Friday, February 7th. This is a positive change from VictoryShares Short-Term Bond ETF’s previous dividend of $0.04.

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.