Midwest Capital Advisors LLC Has $5.01 Million Stock Position in VictoryShares Short-Term Bond ETF $USTB

Midwest Capital Advisors LLC increased its position in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 3.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 98,498 shares of the company’s stock after purchasing an additional 3,376 shares during the quarter. VictoryShares Short-Term Bond ETF makes up 2.6% of Midwest Capital Advisors LLC’s portfolio, making the stock its 14th biggest position. Midwest Capital Advisors LLC’s holdings in VictoryShares Short-Term Bond ETF were worth $5,006,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Victory Capital Management Inc. increased its position in VictoryShares Short-Term Bond ETF by 3.7% in the first quarter. Victory Capital Management Inc. now owns 5,311,308 shares of the company’s stock worth $269,018,000 after purchasing an additional 189,068 shares during the period. LPL Financial LLC grew its position in shares of VictoryShares Short-Term Bond ETF by 33.8% during the 1st quarter. LPL Financial LLC now owns 957,969 shares of the company’s stock worth $48,521,000 after buying an additional 241,832 shares during the period. Stonebridge Financial Group LLC grew its position in shares of VictoryShares Short-Term Bond ETF by 121.1% during the 2nd quarter. Stonebridge Financial Group LLC now owns 550,995 shares of the company’s stock worth $28,002,000 after buying an additional 301,786 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in shares of VictoryShares Short-Term Bond ETF by 75.1% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 504,794 shares of the company’s stock worth $25,613,000 after buying an additional 216,521 shares during the period. Finally, Broadway Wealth Solutions Inc. grew its position in shares of VictoryShares Short-Term Bond ETF by 5.9% during the 2nd quarter. Broadway Wealth Solutions Inc. now owns 444,070 shares of the company’s stock worth $22,568,000 after buying an additional 24,749 shares during the period.

VictoryShares Short-Term Bond ETF Stock Performance

VictoryShares Short-Term Bond ETF stock opened at $50.84 on Friday. VictoryShares Short-Term Bond ETF has a 1 year low of $50.02 and a 1 year high of $51.12. The business has a 50-day moving average of $50.91 and a 200-day moving average of $50.68.

VictoryShares Short-Term Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 10th. Stockholders of record on Thursday, October 9th were given a dividend of $0.21 per share. This represents a c) annualized dividend and a dividend yield of 5.0%. The ex-dividend date was Thursday, October 9th. This is an increase from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.19.

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.