VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Sees Unusually-High Trading Volume

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) shares saw unusually-strong trading volume on Tuesday . Approximately 302,951 shares changed hands during trading, an increase of 394% from the previous session’s volume of 61,269 shares.The stock last traded at $49.38 and had previously closed at $49.42.

VictoryShares Short-Term Bond ETF Stock Down 0.1 %

The firm has a 50 day moving average price of $49.66 and a 200 day moving average price of $49.35.

VictoryShares Short-Term Bond ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, April 12th were given a $0.2247 dividend. This represents a $2.70 annualized dividend and a dividend yield of 5.46%. The ex-dividend date was Thursday, April 11th.

Institutional Trading of VictoryShares Short-Term Bond ETF

Institutional investors have recently added to or reduced their stakes in the stock. Elk River Wealth Management LLC bought a new stake in VictoryShares Short-Term Bond ETF in the fourth quarter worth $1,562,000. Masso Torrence Wealth Management Inc. boosted its holdings in VictoryShares Short-Term Bond ETF by 1.8% in the third quarter. Masso Torrence Wealth Management Inc. now owns 63,705 shares of the company’s stock valued at $3,116,000 after acquiring an additional 1,149 shares in the last quarter. Windsor Wealth Management Inc. increased its position in VictoryShares Short-Term Bond ETF by 67.4% during the 3rd quarter. Windsor Wealth Management Inc. now owns 17,931 shares of the company’s stock valued at $877,000 after purchasing an additional 7,218 shares during the period. Creative Financial Designs Inc. ADV bought a new position in VictoryShares Short-Term Bond ETF in the 4th quarter worth $6,659,000. Finally, StrategIQ Financial Group LLC lifted its position in shares of VictoryShares Short-Term Bond ETF by 28.5% in the 4th quarter. StrategIQ Financial Group LLC now owns 216,578 shares of the company’s stock worth $10,740,000 after purchasing an additional 48,086 shares during the period.

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.