VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Sees Unusually-High Trading Volume – Should You Buy?

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) saw unusually-strong trading volume on Tuesday . Approximately 613,727 shares traded hands during trading, an increase of 156% from the previous session’s volume of 239,804 shares.The stock last traded at $50.43 and had previously closed at $50.49.

VictoryShares Short-Term Bond ETF Stock Performance

The firm’s 50 day moving average is $50.63 and its 200-day moving average is $50.81.

VictoryShares Short-Term Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, May 11th. Investors of record on Friday, May 8th were paid a dividend of $0.1836 per share. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Friday, May 8th.

Institutional Trading of VictoryShares Short-Term Bond ETF

Several hedge funds have recently made changes to their positions in the company. StoneX Group Inc. boosted its position in shares of VictoryShares Short-Term Bond ETF by 3.8% during the 4th quarter. StoneX Group Inc. now owns 5,827 shares of the company’s stock worth $296,000 after purchasing an additional 212 shares during the period. Intrua Financial LLC boosted its position in VictoryShares Short-Term Bond ETF by 2.3% in the 4th quarter. Intrua Financial LLC now owns 9,653 shares of the company’s stock valued at $491,000 after buying an additional 214 shares during the period. Advisory Services Network LLC boosted its position in VictoryShares Short-Term Bond ETF by 1.4% in the 4th quarter. Advisory Services Network LLC now owns 23,176 shares of the company’s stock valued at $1,178,000 after buying an additional 318 shares during the period. Midwest Capital Advisors LLC boosted its position in VictoryShares Short-Term Bond ETF by 0.4% in the 4th quarter. Midwest Capital Advisors LLC now owns 104,147 shares of the company’s stock valued at $5,295,000 after buying an additional 399 shares during the period. Finally, IHT Wealth Management LLC boosted its position in VictoryShares Short-Term Bond ETF by 5.1% in the 2nd 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 during the period.

VictoryShares Short-Term Bond ETF Company Profile

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.