VictoryShares Short-Term Bond ETF $USTB Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. increased its stake in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 215.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 152,945 shares of the company’s stock after purchasing an additional 104,496 shares during the period. Envestnet Asset Management Inc. owned 0.47% of VictoryShares Short-Term Bond ETF worth $7,799,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. Private Trust Co. NA boosted its position in VictoryShares Short-Term Bond ETF by 25.5% during the third quarter. Private Trust Co. NA now owns 1,454 shares of the company’s stock worth $74,000 after acquiring an additional 295 shares during the last quarter. Cullen Frost Bankers Inc. purchased a new position in VictoryShares Short-Term Bond ETF in the third quarter valued at about $143,000. American Trust purchased a new position in shares of VictoryShares Short-Term Bond ETF in the second quarter valued at $203,000. OneAscent Family Office LLC acquired a new stake in VictoryShares Short-Term Bond ETF during the 3rd quarter valued at approximately $229,000. Finally, Private Client Services LLC bought a new stake in shares of VictoryShares Short-Term Bond ETF in the 3rd quarter worth about $247,000.

VictoryShares Short-Term Bond ETF Price Performance

USTB stock opened at $50.99 on Friday. The stock’s 50 day simple moving average is $50.88 and its 200 day simple moving average is $50.91. VictoryShares Short-Term Bond ETF has a 12-month low of $50.10 and a 12-month high of $51.12.

VictoryShares Short-Term Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, February 10th. Shareholders of record on Monday, February 9th were paid a $0.1831 dividend. The ex-dividend date was Monday, February 9th. This is an increase from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.03. This represents a c) dividend on an annualized basis and a yield of 4.3%.

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.