Janney Montgomery Scott LLC Boosts Stock Position in VictoryShares Short-Term Bond ETF $USTB

Janney Montgomery Scott LLC boosted its position in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 378.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 263,995 shares of the company’s stock after purchasing an additional 208,804 shares during the quarter. Janney Montgomery Scott LLC owned about 0.66% of VictoryShares Short-Term Bond ETF worth $13,353,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. StoneX Group Inc. boosted its stake 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 last quarter. Intrua Financial LLC raised its position in shares of VictoryShares Short-Term Bond ETF by 2.3% in the fourth 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 last quarter. Advisory Services Network LLC raised its position in shares of VictoryShares Short-Term Bond ETF by 1.4% in the fourth 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 last quarter. Midwest Capital Advisors LLC lifted its stake in shares of VictoryShares Short-Term Bond ETF by 0.4% during the fourth 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 lifted its stake in shares of 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 during the period.

VictoryShares Short-Term Bond ETF Stock Performance

Shares of NASDAQ USTB opened at $50.61 on Thursday. VictoryShares Short-Term Bond ETF has a 1 year low of $50.40 and a 1 year high of $51.12. The firm’s 50 day moving average price is $50.58 and its 200 day moving average price is $50.73.

VictoryShares Short-Term Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Tuesday, June 9th were paid a dividend of $0.182 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Tuesday, June 9th.

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.