Darrow Company Inc. Has $5.11 Million Stake in VictoryShares Short-Term Bond ETF $USTB

Darrow Company Inc. increased its position in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 12.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 100,443 shares of the company’s stock after buying an additional 11,286 shares during the period. VictoryShares Short-Term Bond ETF accounts for approximately 2.3% of Darrow Company Inc.’s investment portfolio, making the stock its 19th biggest position. Darrow Company Inc. owned approximately 0.27% of VictoryShares Short-Term Bond ETF worth $5,107,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Victory Capital Management Inc. increased its holdings in VictoryShares Short-Term Bond ETF by 0.4% during the third quarter. Victory Capital Management Inc. now owns 5,331,308 shares of the company’s stock worth $271,843,000 after buying an additional 20,000 shares during the last quarter. Merit Financial Group LLC increased its holdings in VictoryShares Short-Term Bond ETF by 6.9% during the fourth quarter. Merit Financial Group LLC now owns 2,598,695 shares of the company’s stock worth $132,118,000 after buying an additional 167,898 shares during the last quarter. Bank of America Corp DE increased its holdings in VictoryShares Short-Term Bond ETF by 6.8% during the third quarter. Bank of America Corp DE now owns 1,390,580 shares of the company’s stock worth $70,906,000 after buying an additional 88,108 shares during the last quarter. Amplius Wealth Advisors LLC increased its holdings in VictoryShares Short-Term Bond ETF by 0.9% during the fourth quarter. Amplius Wealth Advisors LLC now owns 769,637 shares of the company’s stock worth $39,128,000 after buying an additional 6,744 shares during the last quarter. Finally, Stonebridge Financial Group LLC increased its holdings in VictoryShares Short-Term Bond ETF by 10.0% during the fourth quarter. Stonebridge Financial Group LLC now owns 761,559 shares of the company’s stock worth $38,718,000 after buying an additional 69,053 shares during the last quarter.

VictoryShares Short-Term Bond ETF Stock Performance

Shares of USTB opened at $50.66 on Tuesday. VictoryShares Short-Term Bond ETF has a 1-year low of $50.27 and a 1-year high of $51.12. The company’s fifty day simple moving average is $50.77 and its 200 day simple moving average is $50.86.

VictoryShares Short-Term Bond ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, April 10th. Investors of record on Thursday, April 9th were issued a dividend of $0.201 per share. The ex-dividend date was Thursday, April 9th.

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.