Waverly Advisors LLC Increases Stake in VictoryShares Short-Term Bond ETF $USTB

Waverly Advisors LLC lifted its holdings in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 6.4% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 451,585 shares of the company’s stock after purchasing an additional 27,171 shares during the period. Waverly Advisors LLC’s holdings in VictoryShares Short-Term Bond ETF were worth $22,841,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Farther Finance Advisors LLC purchased a new position in VictoryShares Short-Term Bond ETF during the 4th quarter worth $7,580,000. HORAN Wealth LLC raised its holdings in shares of VictoryShares Short-Term Bond ETF by 19.8% in the first quarter. HORAN Wealth LLC now owns 262,376 shares of the company’s stock worth $13,274,000 after buying an additional 43,338 shares during the last quarter. Merit Financial Group LLC lifted its holdings in shares of VictoryShares Short-Term Bond ETF by 6.9% during the fourth quarter. Merit Financial Group LLC now owns 2,598,695 shares of the company’s stock worth $132,118,000 after purchasing an additional 167,898 shares during the period. ERn Financial LLC increased its stake in shares of VictoryShares Short-Term Bond ETF by 4.7% in the fourth quarter. ERn Financial LLC now owns 315,306 shares of the company’s stock worth $16,030,000 after acquiring an additional 14,292 shares during the period. Finally, Certified Advisory Corp boosted its stake in shares of VictoryShares Short-Term Bond ETF by 10.5% in the first quarter. Certified Advisory Corp now owns 231,971 shares of the company’s stock worth $11,733,000 after buying an additional 22,076 shares during the last quarter.

VictoryShares Short-Term Bond ETF Stock Up 0.0%

NASDAQ:USTB opened at $50.39 on Friday. VictoryShares Short-Term Bond ETF has a 1-year low of $50.34 and a 1-year high of $51.12. The company has a 50 day moving average price of $50.54 and a 200-day moving average price of $50.70.

VictoryShares Short-Term Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were given a dividend of $0.2031 per share. This is a boost from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.18. The ex-dividend date was Thursday, July 9th. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%.

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.