Stonebridge Financial Group LLC Increases Position in VictoryShares Short-Term Bond ETF $USTB

Stonebridge Financial Group LLC increased its holdings in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 10.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 761,559 shares of the company’s stock after purchasing an additional 69,053 shares during the quarter. VictoryShares Short-Term Bond ETF makes up about 3.3% of Stonebridge Financial Group LLC’s investment portfolio, making the stock its 4th biggest holding. Stonebridge Financial Group LLC owned 2.10% of VictoryShares Short-Term Bond ETF worth $38,718,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Sunbelt Securities Inc. bought a new stake in VictoryShares Short-Term Bond ETF during the 3rd quarter worth about $30,000. JPMorgan Chase & Co. bought a new position in shares of VictoryShares Short-Term Bond ETF in the 3rd quarter valued at about $32,000. Aptus Capital Advisors LLC acquired a new stake in shares of VictoryShares Short-Term Bond ETF in the third quarter valued at about $72,000. Private Trust Co. NA increased its position 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 during the last quarter. Finally, Cullen Frost Bankers Inc. bought a new stake in VictoryShares Short-Term Bond ETF during the third quarter worth about $143,000.

VictoryShares Short-Term Bond ETF Price Performance

Shares of NASDAQ USTB opened at $50.63 on Monday. The stock has a 50 day moving average price of $50.85 and a 200 day moving average price of $50.89. VictoryShares Short-Term Bond ETF has a 52 week low of $50.10 and a 52 week high of $51.12.

VictoryShares Short-Term Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Tuesday, March 10th were paid a dividend of $0.1896 per share. The ex-dividend date was Tuesday, March 10th. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. This is an increase from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.18.

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.