REDW Wealth LLC Has $1.61 Million Stake in VictoryShares Short-Term Bond ETF $USTB

REDW Wealth LLC raised its stake in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 254.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,496 shares of the company’s stock after buying an additional 22,600 shares during the period. REDW Wealth LLC’s holdings in VictoryShares Short-Term Bond ETF were worth $1,606,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in USTB. Private Trust Co. NA increased its holdings in shares of VictoryShares Short-Term Bond ETF by 25.5% during the 3rd quarter. Private Trust Co. NA now owns 1,454 shares of the company’s stock valued at $74,000 after acquiring an additional 295 shares during the last quarter. Cullen Frost Bankers Inc. bought a new stake in VictoryShares Short-Term Bond ETF during the third quarter worth approximately $143,000. American Trust acquired a new position in VictoryShares Short-Term Bond ETF during the second quarter valued at approximately $203,000. OneAscent Family Office LLC bought a new position in shares of VictoryShares Short-Term Bond ETF in the third quarter valued at approximately $229,000. Finally, Private Client Services LLC acquired a new stake in shares of VictoryShares Short-Term Bond ETF in the third quarter worth $247,000.

VictoryShares Short-Term Bond ETF Stock Up 0.0%

NASDAQ USTB opened at $50.90 on Monday. VictoryShares Short-Term Bond ETF has a 1 year low of $50.10 and a 1 year high of $51.12. The company has a fifty day simple moving average of $50.87 and a 200 day simple moving average of $50.87.

VictoryShares Short-Term Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 9th. Stockholders of record on Thursday, January 8th were given a $0.0341 dividend. This represents a c) annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Thursday, January 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.