Jane Street Group LLC Takes $1 Million Position in VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Jane Street Group LLC bought a new stake in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 19,936 shares of the company’s stock, valued at approximately $1,001,000. Jane Street Group LLC owned 0.10% of VictoryShares Short-Term Bond ETF at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the business. Victory Capital Management Inc. raised its stake in shares of VictoryShares Short-Term Bond ETF by 23.0% in the 4th quarter. Victory Capital Management Inc. now owns 5,122,240 shares of the company’s stock valued at $257,136,000 after acquiring an additional 959,375 shares during the period. LPL Financial LLC raised its stake in shares of VictoryShares Short-Term Bond ETF by 97.8% in the 4th quarter. LPL Financial LLC now owns 716,137 shares of the company’s stock valued at $35,950,000 after acquiring an additional 354,102 shares during the period. Broadway Wealth Solutions Inc. purchased a new position in shares of VictoryShares Short-Term Bond ETF in the 4th quarter valued at $19,306,000. Raymond James Financial Inc. purchased a new position in shares of VictoryShares Short-Term Bond ETF in the 4th quarter valued at $15,966,000. Finally, Motco increased its stake in VictoryShares Short-Term Bond ETF by 26.2% during the 4th quarter. Motco now owns 281,958 shares of the company’s stock worth $14,154,000 after buying an additional 58,610 shares during the period.

VictoryShares Short-Term Bond ETF Stock Up 0.0%

VictoryShares Short-Term Bond ETF stock opened at $50.44 on Friday. VictoryShares Short-Term Bond ETF has a 12-month low of $49.53 and a 12-month high of $50.92. The firm’s fifty day moving average price is $50.49 and its 200 day moving average price is $50.40.

VictoryShares Short-Term Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, May 9th. Investors of record on Thursday, May 8th were paid a dividend of $0.1886 per share. This represents a $2.26 annualized dividend and a yield of 4.49%. The ex-dividend date of this dividend was Thursday, May 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.