Cornerstone Planning Group LLC Boosts Stock Position in VictoryShares Short-Term Bond ETF $USTB

Cornerstone Planning Group LLC raised its holdings in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 19.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 292,838 shares of the company’s stock after buying an additional 46,742 shares during the period. VictoryShares Short-Term Bond ETF comprises about 2.1% of Cornerstone Planning Group LLC’s holdings, making the stock its 14th largest position. Cornerstone Planning Group LLC owned 0.73% of VictoryShares Short-Term Bond ETF worth $14,844,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the business. Sunbelt Securities Inc. acquired a new position in shares of VictoryShares Short-Term Bond ETF during the 3rd quarter worth about $30,000. JPMorgan Chase & Co. purchased a new position in shares of VictoryShares Short-Term Bond ETF in the 3rd quarter valued at about $32,000. Global Retirement Partners LLC acquired a new stake in shares of VictoryShares Short-Term Bond ETF during the 4th quarter worth about $33,000. Aptus Capital Advisors LLC acquired a new stake in shares of VictoryShares Short-Term Bond ETF during the 3rd quarter worth about $72,000. Finally, SHP Wealth Management acquired a new stake in shares of VictoryShares Short-Term Bond ETF during the 4th quarter worth about $100,000.

VictoryShares Short-Term Bond ETF Price Performance

Shares of USTB opened at $50.47 on Friday. The stock has a 50 day moving average price of $50.55 and a 200 day moving average price of $50.71. VictoryShares Short-Term Bond ETF has a 52-week low of $50.35 and a 52-week high of $51.12.

VictoryShares Short-Term Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were issued a $0.2031 dividend. This represents a c) annualized dividend and a dividend yield of 4.8%. The ex-dividend date was Thursday, July 9th. This is a positive change from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.18.

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.