Crossmark Global Holdings Inc. Invests $286,000 in VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Crossmark Global Holdings Inc. bought a new position in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 5,664 shares of the company’s stock, valued at approximately $286,000.

A number of other institutional investors have also modified their holdings of USTB. Envestnet Asset Management Inc. boosted its stake in shares of VictoryShares Short-Term Bond ETF by 67.6% during the first quarter. Envestnet Asset Management Inc. now owns 41,226 shares of the company’s stock valued at $2,088,000 after purchasing an additional 16,633 shares in the last quarter. REDW Wealth LLC boosted its stake in shares of VictoryShares Short-Term Bond ETF by 39.7% during the first quarter. REDW Wealth LLC now owns 8,104 shares of the company’s stock valued at $410,000 after purchasing an additional 2,305 shares in the last quarter. Axis Wealth Partners LLC boosted its stake in shares of VictoryShares Short-Term Bond ETF by 19.8% during the first quarter. Axis Wealth Partners LLC now owns 4,895 shares of the company’s stock valued at $248,000 after purchasing an additional 810 shares in the last quarter. Ameritas Advisory Services LLC boosted its stake in shares of VictoryShares Short-Term Bond ETF by 2.3% during the first quarter. Ameritas Advisory Services LLC now owns 37,692 shares of the company’s stock valued at $1,909,000 after purchasing an additional 846 shares in the last quarter. Finally, Trademark Financial Management LLC boosted its stake in shares of VictoryShares Short-Term Bond ETF by 148.5% during the first quarter. Trademark Financial Management LLC now owns 33,484 shares of the company’s stock valued at $1,696,000 after purchasing an additional 20,008 shares in the last quarter.

VictoryShares Short-Term Bond ETF Trading Down 0.0%

NASDAQ USTB opened at $50.56 on Monday. The firm’s 50 day moving average price is $50.57 and its 200-day moving average price is $50.48. VictoryShares Short-Term Bond ETF has a 52-week low of $49.79 and a 52-week high of $50.92.

VictoryShares Short-Term Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, July 11th. Stockholders of record on Thursday, July 10th were paid a dividend of $0.2164 per share. The ex-dividend date was Thursday, July 10th. This is an increase from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.19. This represents a $2.60 dividend on an annualized basis and a dividend yield of 5.14%.

VictoryShares Short-Term Bond ETF 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.