Raymond James & Associates Sells 19,270 Shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Raymond James & Associates cut its holdings in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 17.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 88,148 shares of the company’s stock after selling 19,270 shares during the period. Raymond James & Associates owned 0.69% of VictoryShares Short-Term Bond ETF worth $4,390,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. Aspire Wealth Management Corp increased its position in VictoryShares Short-Term Bond ETF by 18.9% in the 1st quarter. Aspire Wealth Management Corp now owns 4,139 shares of the company’s stock worth $206,000 after buying an additional 658 shares during the period. Concourse Financial Group Securities Inc. increased its position in VictoryShares Short-Term Bond ETF by 9.0% during the first quarter. Concourse Financial Group Securities Inc. now owns 18,745 shares of the company’s stock worth $934,000 after acquiring an additional 1,554 shares during the period. Marquette Asset Management LLC raised its stake in VictoryShares Short-Term Bond ETF by 0.3% during the 1st quarter. Marquette Asset Management LLC now owns 595,489 shares of the company’s stock valued at $29,673,000 after purchasing an additional 1,615 shares during the last quarter. SageView Advisory Group LLC boosted its holdings in VictoryShares Short-Term Bond ETF by 47.6% in the 1st quarter. SageView Advisory Group LLC now owns 6,115 shares of the company’s stock valued at $305,000 after purchasing an additional 1,973 shares during the period. Finally, Principal Securities Inc. acquired a new stake in VictoryShares Short-Term Bond ETF in the 4th quarter worth $121,000.

VictoryShares Short-Term Bond ETF Stock Performance

NASDAQ:USTB opened at $50.53 on Friday. The firm’s 50-day moving average is $50.18 and its 200-day moving average is $49.84. VictoryShares Short-Term Bond ETF has a 52-week low of $48.37 and a 52-week high of $50.64.

VictoryShares Short-Term Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, August 9th. Investors of record on Thursday, August 8th were paid a dividend of $0.2052 per share. This represents a $2.46 annualized dividend and a yield of 4.87%. This is a positive change from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.20. The ex-dividend date of this dividend was Thursday, August 8th.

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.