ERn Financial LLC Buys 19,442 Shares of VictoryShares Short-Term Bond ETF $USTB

ERn Financial LLC grew its stake in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 6.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 301,014 shares of the company’s stock after buying an additional 19,442 shares during the period. VictoryShares Short-Term Bond ETF makes up 3.0% of ERn Financial LLC’s portfolio, making the stock its 6th biggest position. ERn Financial LLC owned approximately 0.93% of VictoryShares Short-Term Bond ETF worth $15,349,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Merit Financial Group LLC boosted its stake in VictoryShares Short-Term Bond ETF by 5,778.3% during the 3rd quarter. Merit Financial Group LLC now owns 2,430,797 shares of the company’s stock worth $123,946,000 after acquiring an additional 2,389,445 shares during the last quarter. Bank of America Corp DE increased its stake in VictoryShares Short-Term Bond ETF by 31.6% in the second quarter. Bank of America Corp DE now owns 1,302,472 shares of the company’s stock valued at $66,192,000 after purchasing an additional 312,543 shares in the last quarter. Amplius Wealth Advisors LLC raised its holdings in VictoryShares Short-Term Bond ETF by 13.4% in the third quarter. Amplius Wealth Advisors LLC now owns 762,893 shares of the company’s stock worth $38,900,000 after purchasing an additional 90,135 shares during the period. Stonebridge Financial Group LLC raised its holdings in VictoryShares Short-Term Bond ETF by 25.7% in the third quarter. Stonebridge Financial Group LLC now owns 692,506 shares of the company’s stock worth $35,311,000 after purchasing an additional 141,511 shares during the period. Finally, Marquette Asset Management LLC boosted its position in shares of VictoryShares Short-Term Bond ETF by 2.1% during the third quarter. Marquette Asset Management LLC now owns 523,530 shares of the company’s stock worth $26,695,000 after purchasing an additional 10,806 shares in the last quarter.

VictoryShares Short-Term Bond ETF Price Performance

Shares of USTB stock opened at $50.88 on Friday. VictoryShares Short-Term Bond ETF has a 12-month low of $50.10 and a 12-month high of $51.12. The firm has a fifty day moving average of $50.86 and a 200-day moving average of $50.86.

VictoryShares Short-Term Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 9th. Shareholders of record on Thursday, January 8th were issued a $0.0341 dividend. This represents a c) annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Thursday, January 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.