Maridea Wealth Management LLC Sells 43,343 Shares of VictoryShares Short-Term Bond ETF $USTB

Maridea Wealth Management LLC decreased its position in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 89.1% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,286 shares of the company’s stock after selling 43,343 shares during the quarter. Maridea Wealth Management LLC’s holdings in VictoryShares Short-Term Bond ETF were worth $267,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Royal Bank of Canada raised its position in shares of VictoryShares Short-Term Bond ETF by 24.2% during the first quarter. Royal Bank of Canada now owns 180,245 shares of the company’s stock worth $9,129,000 after acquiring an additional 35,065 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of VictoryShares Short-Term Bond ETF by 261.8% during the first quarter. Jane Street Group LLC now owns 72,121 shares of the company’s stock valued at $3,653,000 after acquiring an additional 52,185 shares during the period. Raymond James Financial Inc. boosted its holdings in VictoryShares Short-Term Bond ETF by 8.9% in the second quarter. Raymond James Financial Inc. now owns 391,357 shares of the company’s stock valued at $19,889,000 after acquiring an additional 32,129 shares during the last quarter. Bank of America Corp DE boosted its holdings in VictoryShares Short-Term Bond ETF by 31.6% in the second quarter. Bank of America Corp DE now owns 1,302,472 shares of the company’s stock valued at $66,192,000 after acquiring an additional 312,543 shares during the last quarter. Finally, IHT Wealth Management LLC boosted its holdings in VictoryShares Short-Term Bond ETF by 5.1% in the second quarter. IHT Wealth Management LLC now owns 10,299 shares of the company’s stock valued at $523,000 after acquiring an additional 500 shares during the last quarter.

VictoryShares Short-Term Bond ETF Stock Performance

Shares of USTB stock opened at $50.63 on Monday. VictoryShares Short-Term Bond ETF has a 12 month low of $50.40 and a 12 month high of $51.12. The stock has a 50-day moving average price of $50.58 and a 200 day moving average price of $50.74.

VictoryShares Short-Term Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, June 9th were paid a $0.182 dividend. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend was Tuesday, June 9th.

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.