Maridea Wealth Management LLC Boosts Stock Holdings in VictoryShares Short-Term Bond ETF $USTB

Maridea Wealth Management LLC raised its stake in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 721.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 48,629 shares of the company’s stock after acquiring an additional 42,710 shares during the period. Maridea Wealth Management LLC owned approximately 0.14% of VictoryShares Short-Term Bond ETF worth $2,472,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Merit Financial Group LLC lifted its position in shares of VictoryShares Short-Term Bond ETF by 5,778.3% in the third quarter. Merit Financial Group LLC now owns 2,430,797 shares of the company’s stock worth $123,946,000 after buying an additional 2,389,445 shares in the last quarter. Bank of America Corp DE grew its holdings in VictoryShares Short-Term Bond ETF by 31.6% during the 2nd quarter. Bank of America Corp DE now owns 1,302,472 shares of the company’s stock valued at $66,192,000 after buying an additional 312,543 shares in the last quarter. Apella Capital LLC grew its holdings in VictoryShares Short-Term Bond ETF by 997.4% during the 3rd quarter. Apella Capital LLC now owns 171,611 shares of the company’s stock valued at $8,754,000 after buying an additional 155,973 shares in the last quarter. Focus Partners Advisor Solutions LLC increased its stake in VictoryShares Short-Term Bond ETF by 832.3% in the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 161,877 shares of the company’s stock worth $8,225,000 after acquiring an additional 144,514 shares during the last quarter. Finally, Stonebridge Financial Group LLC increased its stake in VictoryShares Short-Term Bond ETF by 25.7% in the 3rd quarter. Stonebridge Financial Group LLC now owns 692,506 shares of the company’s stock worth $35,311,000 after acquiring an additional 141,511 shares during the last quarter.

VictoryShares Short-Term Bond ETF Stock Down 0.2%

Shares of USTB opened at $50.56 on Friday. VictoryShares Short-Term Bond ETF has a 1 year low of $50.10 and a 1 year high of $51.12. The business’s 50 day simple moving average is $50.91 and its 200-day simple moving average is $50.91.

VictoryShares Short-Term Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 11th. Investors of record on Tuesday, March 10th were paid a dividend of $0.1896 per share. The ex-dividend date of this dividend was Tuesday, March 10th. This is a positive change from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.18. This represents a c) dividend on an annualized basis and a yield of 4.5%.

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.