VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Sees Large Volume Increase – Should You Buy?

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) saw strong trading volume on Wednesday . 425,429 shares were traded during trading, an increase of 81% from the previous session’s volume of 234,559 shares.The stock last traded at $50.38 and had previously closed at $50.43.

VictoryShares Short-Term Bond ETF Stock Down 0.2%

The business has a 50 day simple moving average of $50.54 and a 200 day simple moving average of $50.69.

VictoryShares Short-Term Bond ETF Increases Dividend

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

Institutional Investors Weigh In On VictoryShares Short-Term Bond ETF

A number of large investors have recently bought and sold shares of USTB. Western Wealth Management LLC acquired a new stake in shares of VictoryShares Short-Term Bond ETF in the first quarter worth $28,000. Sunbelt Securities Inc. acquired a new position in shares of VictoryShares Short-Term Bond ETF during the 3rd quarter worth approximately $30,000. JPMorgan Chase & Co. purchased a new position in VictoryShares Short-Term Bond ETF during the third quarter valued at $32,000. Global Retirement Partners LLC acquired a new stake in shares of VictoryShares Short-Term Bond ETF in the 4th quarter worth $33,000. Finally, Aptus Capital Advisors LLC acquired a new stake in shares of VictoryShares Short-Term Bond ETF in the third quarter valued at $72,000.

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.