Bay Colony Advisory Group Inc d b a Bay Colony Advisors Trims Stake in VictoryShares Short-Term Bond ETF $USTB

Bay Colony Advisory Group Inc d b a Bay Colony Advisors trimmed its position in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 35.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,210 shares of the company’s stock after selling 9,986 shares during the quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors owned 0.06% of VictoryShares Short-Term Bond ETF worth $929,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Private Trust Co. NA raised its holdings in shares of VictoryShares Short-Term Bond ETF by 25.5% in the third quarter. Private Trust Co. NA now owns 1,454 shares of the company’s stock valued at $74,000 after acquiring an additional 295 shares in the last quarter. Parallel Advisors LLC purchased a new position in VictoryShares Short-Term Bond ETF during the 2nd quarter valued at about $202,000. American Trust bought a new stake in shares of VictoryShares Short-Term Bond ETF in the 2nd quarter valued at about $203,000. Private Client Services LLC purchased a new stake in shares of VictoryShares Short-Term Bond ETF in the 3rd quarter worth approximately $247,000. Finally, True North Advisors LLC purchased a new stake in shares of VictoryShares Short-Term Bond ETF in the 3rd quarter worth approximately $259,000.

VictoryShares Short-Term Bond ETF Price Performance

Shares of USTB stock opened at $50.85 on Friday. VictoryShares Short-Term Bond ETF has a 52-week low of $50.06 and a 52-week high of $51.12. The company’s 50 day moving average is $50.87 and its 200 day moving average is $50.86.

VictoryShares Short-Term Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 9th. Investors of record on Thursday, January 8th were paid a dividend of $0.0341 per share. The ex-dividend date of this dividend was Thursday, January 8th. This represents a c) annualized dividend and a yield of 0.8%.

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.