VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Sees Large Volume Increase

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) shares saw an uptick in trading volume on Thursday . 185,047 shares were traded during mid-day trading, an increase of 196% from the previous session’s volume of 62,448 shares.The stock last traded at $49.61 and had previously closed at $49.57.

VictoryShares Short-Term Bond ETF Price Performance

The business’s 50 day moving average price is $49.64 and its 200-day moving average price is $49.39.

VictoryShares Short-Term Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Monday, April 15th. Investors of record on Friday, April 12th were paid a dividend of $0.2247 per share. The ex-dividend date was Thursday, April 11th. This represents a $2.70 annualized dividend and a yield of 5.43%.

Institutional Investors Weigh In On VictoryShares Short-Term Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Aspire Wealth Management Corp grew its position in VictoryShares Short-Term Bond ETF by 11.3% in the 3rd quarter. Aspire Wealth Management Corp now owns 2,786 shares of the company’s stock worth $136,000 after purchasing an additional 283 shares during the last quarter. Concourse Financial Group Securities Inc. bought a new stake in VictoryShares Short-Term Bond ETF during the third quarter worth approximately $38,000. Masso Torrence Wealth Management Inc. boosted its holdings in VictoryShares Short-Term Bond ETF by 1.8% during the third quarter. Masso Torrence Wealth Management Inc. now owns 63,705 shares of the company’s stock worth $3,116,000 after buying an additional 1,149 shares in the last quarter. Private Trust Co. NA bought a new stake in VictoryShares Short-Term Bond ETF during the fourth quarter worth approximately $57,000. Finally, Toth Financial Advisory Corp boosted its holdings in VictoryShares Short-Term Bond ETF by 1.3% during the fourth quarter. Toth Financial Advisory Corp now owns 149,150 shares of the company’s stock worth $7,396,000 after buying an additional 1,853 shares in the last quarter.

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.