Bay Colony Advisory Group Inc d b a Bay Colony Advisors Invests $442,000 in VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 8,922 shares of the company’s stock, valued at approximately $442,000.

A number of other large investors have also added to or reduced their stakes in USTB. Concourse Financial Group Securities Inc. acquired a new stake in VictoryShares Short-Term Bond ETF during the 3rd quarter valued at $38,000. UBS Group AG bought a new position in VictoryShares Short-Term Bond ETF during the 4th quarter valued at $41,000. Private Trust Co. NA bought a new position in VictoryShares Short-Term Bond ETF during the 4th quarter valued at $57,000. Creative Planning bought a new position in VictoryShares Short-Term Bond ETF during the 3rd quarter valued at $109,000. Finally, Aspire Wealth Management Corp boosted its stake in VictoryShares Short-Term Bond ETF by 11.3% during the 3rd quarter. Aspire Wealth Management Corp now owns 2,786 shares of the company’s stock valued at $136,000 after acquiring an additional 283 shares during the last quarter.

VictoryShares Short-Term Bond ETF Trading Down 0.1 %

NASDAQ USTB opened at $49.42 on Tuesday. VictoryShares Short-Term Bond ETF has a 12 month low of $48.37 and a 12 month high of $49.96. The company’s fifty day moving average price is $49.67 and its two-hundred day moving average price is $49.34.

VictoryShares Short-Term Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, April 12th were given a $0.2247 dividend. The ex-dividend date of this dividend was Thursday, April 11th. This represents a $2.70 dividend on an annualized basis and a dividend yield of 5.46%.

About VictoryShares Short-Term Bond ETF

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.