VictoryShares Short-Term Bond ETF to Issue Monthly Dividend of $0.03 (NASDAQ:USTB)

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) announced a monthly dividend on Wednesday, January 7th. Shareholders of record on Thursday, January 8th will be given a dividend of 0.0341 per share on Friday, January 9th. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date is Thursday, January 8th.

VictoryShares Short-Term Bond ETF Stock Down 0.1%

Shares of USTB opened at $50.89 on Thursday. The business’s 50 day moving average is $50.87 and its two-hundred day moving average is $50.86. VictoryShares Short-Term Bond ETF has a 52-week low of $50.06 and a 52-week high of $51.12.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. M.E. Allison & CO. Inc. increased its position in shares of VictoryShares Short-Term Bond ETF by 3.5% in the 3rd quarter. M.E. Allison & CO. Inc. now owns 7,673 shares of the company’s stock worth $391,000 after purchasing an additional 258 shares during the last quarter. Private Trust Co. NA grew its stake in VictoryShares Short-Term Bond ETF by 25.5% in the third quarter. Private Trust Co. NA now owns 1,454 shares of the company’s stock worth $74,000 after purchasing an additional 295 shares in the last quarter. Axis Wealth Partners LLC increased its holdings in VictoryShares Short-Term Bond ETF by 6.2% in the third quarter. Axis Wealth Partners LLC now owns 5,229 shares of the company’s stock valued at $267,000 after buying an additional 303 shares during the last quarter. Burt Wealth Advisors raised its stake in VictoryShares Short-Term Bond ETF by 6.7% during the second quarter. Burt Wealth Advisors now owns 7,924 shares of the company’s stock valued at $403,000 after buying an additional 499 shares in the last quarter. Finally, IHT Wealth Management LLC raised its stake in VictoryShares Short-Term Bond ETF by 5.1% during the second quarter. IHT Wealth Management LLC now owns 10,299 shares of the company’s stock valued at $523,000 after buying an additional 500 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.