Valmark Advisers Inc. Has $1.38 Million Holdings in VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Valmark Advisers Inc. lessened its holdings in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 10.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 27,825 shares of the company’s stock after selling 3,214 shares during the period. Valmark Advisers Inc. owned 0.25% of VictoryShares Short-Term Bond ETF worth $1,380,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of USTB. Creative Financial Designs Inc. ADV bought a new position in VictoryShares Short-Term Bond ETF during the fourth quarter worth $6,659,000. Victory Capital Management Inc. increased its stake in VictoryShares Short-Term Bond ETF by 2.0% in the third quarter. Victory Capital Management Inc. now owns 4,180,500 shares of the company’s stock valued at $204,510,000 after purchasing an additional 80,000 shares in the last quarter. Raymond James Financial Services Advisors Inc. bought a new stake in VictoryShares Short-Term Bond ETF in the third quarter valued at $2,838,000. StrategIQ Financial Group LLC increased its stake in VictoryShares Short-Term Bond ETF by 28.5% in the fourth quarter. StrategIQ Financial Group LLC now owns 216,578 shares of the company’s stock valued at $10,740,000 after purchasing an additional 48,086 shares in the last quarter. Finally, Samalin Investment Counsel LLC bought a new stake in VictoryShares Short-Term Bond ETF in the third quarter valued at $2,278,000.

VictoryShares Short-Term Bond ETF Trading Down 0.0 %

Shares of NASDAQ:USTB traded down $0.01 during midday trading on Friday, hitting $49.44. 40,463 shares of the company’s stock were exchanged, compared to its average volume of 61,711. The stock has a 50 day moving average price of $49.65 and a 200-day moving average price of $49.37. VictoryShares Short-Term Bond ETF has a 12 month low of $48.37 and a 12 month high of $49.96.

VictoryShares Short-Term Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, April 12th were given a dividend of $0.2247 per share. This represents a $2.70 annualized dividend and a dividend yield of 5.45%. The ex-dividend date was Thursday, April 11th.

About VictoryShares Short-Term Bond ETF

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.