Broadway Wealth Solutions Inc. Boosts Stock Holdings in VictoryShares Short-Term Bond ETF $USTB

Broadway Wealth Solutions Inc. increased its stake in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 8.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 520,018 shares of the company’s stock after purchasing an additional 42,427 shares during the quarter. VictoryShares Short-Term Bond ETF makes up approximately 14.1% of Broadway Wealth Solutions Inc.’s portfolio, making the stock its 2nd biggest holding. Broadway Wealth Solutions Inc. owned 1.42% of VictoryShares Short-Term Bond ETF worth $26,438,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Royal Bank of Canada grew its position in VictoryShares Short-Term Bond ETF by 24.2% in the first quarter. Royal Bank of Canada now owns 180,245 shares of the company’s stock worth $9,129,000 after acquiring an additional 35,065 shares in the last quarter. Jane Street Group LLC lifted its stake in VictoryShares Short-Term Bond ETF by 261.8% in the first quarter. Jane Street Group LLC now owns 72,121 shares of the company’s stock worth $3,653,000 after purchasing an additional 52,185 shares during the last quarter. Raymond James Financial Inc. raised its stake in shares of VictoryShares Short-Term Bond ETF by 8.9% during the second quarter. Raymond James Financial Inc. now owns 391,357 shares of the company’s stock valued at $19,889,000 after acquiring an additional 32,129 shares during the last quarter. Bank of America Corp DE raised its stake in shares of VictoryShares Short-Term Bond ETF by 31.6% during 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 acquiring an additional 312,543 shares during the last quarter. Finally, IHT Wealth Management LLC raised its stake in shares of VictoryShares Short-Term Bond ETF by 5.1% during the second quarter. IHT Wealth Management LLC now owns 10,299 shares of the company’s stock valued at $523,000 after acquiring an additional 500 shares during the last quarter.

VictoryShares Short-Term Bond ETF Stock Performance

Shares of USTB opened at $50.67 on Friday. VictoryShares Short-Term Bond ETF has a fifty-two week low of $50.27 and a fifty-two week high of $51.12. The firm’s 50-day simple moving average is $50.75 and its two-hundred day simple moving average is $50.85.

VictoryShares Short-Term Bond ETF Dividend Announcement

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