VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Sees Unusually-High Trading Volume

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) shares saw an uptick in trading volume on Tuesday . 302,951 shares changed hands during trading, an increase of 394% from the previous session’s volume of 61,269 shares.The stock last traded at $49.38 and had previously closed at $49.42.

VictoryShares Short-Term Bond ETF Trading Down 0.1 %

The stock’s 50-day simple moving average is $49.67 and its two-hundred day simple moving average is $49.34.

VictoryShares Short-Term Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, April 12th were given a dividend of $0.2247 per share. This represents a $2.70 dividend on an annualized basis and a yield of 5.46%. The ex-dividend date of this dividend was Thursday, April 11th.

Hedge Funds Weigh In On VictoryShares Short-Term Bond ETF

A number of large investors have recently added to or reduced their stakes in the stock. Elk River Wealth Management LLC purchased a new stake in shares of VictoryShares Short-Term Bond ETF during the fourth quarter worth $1,562,000. Masso Torrence Wealth Management Inc. grew its holdings in shares of VictoryShares Short-Term Bond ETF by 1.8% during the third quarter. Masso Torrence Wealth Management Inc. now owns 63,705 shares of the company’s stock worth $3,116,000 after buying an additional 1,149 shares in the last quarter. Windsor Wealth Management Inc. grew its holdings in shares of VictoryShares Short-Term Bond ETF by 67.4% in the third quarter. Windsor Wealth Management Inc. now owns 17,931 shares of the company’s stock valued at $877,000 after purchasing an additional 7,218 shares during the period. Creative Financial Designs Inc. ADV purchased a new stake in shares of VictoryShares Short-Term Bond ETF in the fourth quarter valued at about $6,659,000. Finally, StrategIQ Financial Group LLC grew its holdings in shares of VictoryShares Short-Term Bond ETF by 28.5% in the fourth quarter. StrategIQ Financial Group LLC now owns 216,578 shares of the company’s stock valued at $10,740,000 after purchasing an additional 48,086 shares during the period.

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.