Waverly Advisors LLC Has $24.04 Million Position in VictoryShares Short-Term Bond ETF $USTB

Waverly Advisors LLC grew its stake in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 5.2% during the 2nd quarter, HoldingsChannel reports. The fund owned 474,980 shares of the company’s stock after acquiring an additional 23,395 shares during the period. Waverly Advisors LLC’s holdings in VictoryShares Short-Term Bond ETF were worth $24,043,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. HORAN Wealth LLC grew its position in VictoryShares Short-Term Bond ETF by 0.9% in the second quarter. HORAN Wealth LLC now owns 264,769 shares of the company’s stock worth $13,403,000 after acquiring an additional 2,393 shares in the last quarter. Kirkwood Financial Services acquired a new stake in VictoryShares Short-Term Bond ETF in the 2nd quarter worth approximately $13,118,000. Ameritas Advisory Services LLC acquired a new stake in shares of VictoryShares Short-Term Bond ETF in the second quarter worth $2,093,000. Kintra Wealth LLC lifted its position in VictoryShares Short-Term Bond ETF by 8.2% during the 2nd quarter. Kintra Wealth LLC now owns 424,283 shares of the company’s stock worth $21,414,000 after acquiring an additional 32,214 shares during the last quarter. Finally, Redhawk Wealth Advisors Inc. boosted its stake in VictoryShares Short-Term Bond ETF by 4.3% during the 2nd quarter. Redhawk Wealth Advisors Inc. now owns 276,282 shares of the company’s stock valued at $13,985,000 after purchasing an additional 11,497 shares during the period.

VictoryShares Short-Term Bond ETF Stock Performance

NASDAQ USTB opened at $50.45 on Wednesday. VictoryShares Short-Term Bond ETF has a 52-week low of $50.31 and a 52-week high of $51.10. The company’s fifty day moving average is $50.47 and its two-hundred day moving average is $50.59.

VictoryShares Short-Term Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, September 9th will be issued a $0.1834 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend is Wednesday, September 9th. This is a boost from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.17.

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.