Rooted Wealth Advisors Inc. Invests $2.40 Million in VictoryShares Short-Term Bond ETF $USTB

Rooted Wealth Advisors Inc. acquired a new position in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 47,119 shares of the company’s stock, valued at approximately $2,403,000.

Other large investors also recently modified their holdings of the company. Sunbelt Securities Inc. acquired a new stake in shares of VictoryShares Short-Term Bond ETF during the third quarter worth $30,000. JPMorgan Chase & Co. acquired a new stake in shares of VictoryShares Short-Term Bond ETF during the third quarter worth $32,000. Global Retirement Partners LLC acquired a new stake in shares of VictoryShares Short-Term Bond ETF during the fourth quarter worth $33,000. Aptus Capital Advisors LLC bought a new position in VictoryShares Short-Term Bond ETF during the third quarter worth $72,000. Finally, Cullen Frost Bankers Inc. bought a new position in VictoryShares Short-Term Bond ETF during the third quarter worth $143,000.

VictoryShares Short-Term Bond ETF Price Performance

Shares of NASDAQ USTB opened at $50.53 on Monday. VictoryShares Short-Term Bond ETF has a 12-month low of $50.40 and a 12-month high of $51.12. The company’s fifty day simple moving average is $50.60 and its 200 day simple moving average is $50.80.

VictoryShares Short-Term Bond ETF Cuts Dividend

The business also recently announced 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. The ex-dividend date of this dividend was Friday, May 8th. This represents a c) annualized dividend and a yield of 4.4%.

VictoryShares Short-Term Bond ETF 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.