UBS Group AG Has $11.15 Million Holdings in VictoryShares Short-Term Bond ETF $USTB

UBS Group AG grew its holdings in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 13.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 219,312 shares of the company’s stock after purchasing an additional 25,791 shares during the period. UBS Group AG’s holdings in VictoryShares Short-Term Bond ETF were worth $11,150,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in USTB. Merit Financial Group LLC grew its position in shares of VictoryShares Short-Term Bond ETF by 5,778.3% during the 3rd quarter. Merit Financial Group LLC now owns 2,430,797 shares of the company’s stock worth $123,946,000 after purchasing an additional 2,389,445 shares in the last quarter. Bank of America Corp DE grew its position in shares of VictoryShares Short-Term Bond ETF by 31.6% during the 2nd quarter. Bank of America Corp DE now owns 1,302,472 shares of the company’s stock worth $66,192,000 after purchasing an additional 312,543 shares in the last quarter. Farther Finance Advisors LLC acquired a new position in shares of VictoryShares Short-Term Bond ETF during the 4th quarter worth approximately $7,580,000. Focus Partners Advisor Solutions LLC grew its position in shares of VictoryShares Short-Term Bond ETF by 832.3% during the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 161,877 shares of the company’s stock worth $8,225,000 after purchasing an additional 144,514 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its position in shares of VictoryShares Short-Term Bond ETF by 215.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 152,945 shares of the company’s stock worth $7,799,000 after purchasing an additional 104,496 shares in the last quarter.

VictoryShares Short-Term Bond ETF Stock Performance

Shares of NASDAQ:USTB opened at $50.46 on Friday. The company’s 50 day moving average price is $50.64 and its two-hundred day moving average price is $50.82. VictoryShares Short-Term Bond ETF has a 12-month low of $50.38 and a 12-month high of $51.12.

VictoryShares Short-Term Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, May 11th. Investors of record on Friday, May 8th were given a dividend of $0.1836 per share. The ex-dividend date was Friday, May 8th. This represents a c) annualized dividend and a dividend yield of 4.4%.

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.