VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Shareholders to Receive $0.18 Monthly Dividend

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) announced a monthly dividend on Thursday, November 5th. Stockholders of record on Friday, November 6th will be paid a dividend of $0.1817 per share on Monday, November 9th. This represents a $2.18 annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Friday, November 6th. This is a 11.8% decrease from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.2060.

VictoryShares Short-Term Bond ETF Stock Up 0.2%

USTB opened at $50.30 on Friday. VictoryShares Short-Term Bond ETF has a 52 week low of $49.80 and a 52 week high of $51.10. The business’s fifty day simple moving average is $50.09 and its 200 day simple moving average is $50.51.

Institutional Investors Weigh In On VictoryShares Short-Term Bond ETF

Several hedge funds have recently modified their holdings of the company. Fifth Third Bancorp lifted its position in VictoryShares Short-Term Bond ETF by 21.6% during the third quarter. Fifth Third Bancorp now owns 38,129 shares of the company’s stock worth $1,902,000 after buying an additional 6,768 shares during the period. AlphaCore Capital LLC boosted its stake in VictoryShares Short-Term Bond ETF by 8.4% in the 3rd quarter. AlphaCore Capital LLC now owns 37,366 shares of the company’s stock worth $1,864,000 after buying an additional 2,900 shares during the last quarter. StoneX Group Inc. purchased a new stake in VictoryShares Short-Term Bond ETF in the 3rd quarter valued at about $248,000. Kestra Advisory Services LLC grew its holdings in VictoryShares Short-Term Bond ETF by 38.3% in the 3rd quarter. Kestra Advisory Services LLC now owns 39,944 shares of the company’s stock valued at $1,992,000 after buying an additional 11,065 shares during the period. Finally, Quadcap Wealth Management LLC increased its stake in shares of VictoryShares Short-Term Bond ETF by 6.6% during the 3rd quarter. Quadcap Wealth Management LLC now owns 132,772 shares of the company’s stock valued at $6,623,000 after acquiring an additional 8,254 shares during the last quarter.

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.