Creative Financial Designs Inc. ADV Has $8.94 Million Stake in VictoryShares Short-Term Bond ETF $USTB

Creative Financial Designs Inc. ADV lifted its stake in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 6.5% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 175,282 shares of the company’s stock after purchasing an additional 10,626 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in VictoryShares Short-Term Bond ETF were worth $8,938,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in USTB. Royal Bank of Canada raised its holdings in VictoryShares Short-Term Bond ETF by 24.2% in the 1st quarter. Royal Bank of Canada now owns 180,245 shares of the company’s stock valued at $9,129,000 after acquiring an additional 35,065 shares in the last quarter. Jane Street Group LLC raised its stake in VictoryShares Short-Term Bond ETF by 261.8% in the first quarter. Jane Street Group LLC now owns 72,121 shares of the company’s stock valued at $3,653,000 after purchasing an additional 52,185 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in VictoryShares Short-Term Bond ETF by 17.5% during the second quarter. Envestnet Asset Management Inc. now owns 48,449 shares of the company’s stock worth $2,462,000 after purchasing an additional 7,223 shares during the period. Amplius Wealth Advisors LLC grew its stake in VictoryShares Short-Term Bond ETF by 7.9% during the second quarter. Amplius Wealth Advisors LLC now owns 672,758 shares of the company’s stock worth $34,189,000 after buying an additional 49,026 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its holdings in VictoryShares Short-Term Bond ETF by 7.3% in the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 28,196 shares of the company’s stock valued at $1,433,000 after buying an additional 1,908 shares during the period.

VictoryShares Short-Term Bond ETF Stock Performance

Shares of NASDAQ:USTB opened at $51.10 on Friday. The firm has a 50 day moving average of $50.92 and a 200-day moving average of $50.92. VictoryShares Short-Term Bond ETF has a 12 month low of $50.10 and a 12 month high of $51.12.

VictoryShares Short-Term Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, February 10th. Shareholders of record on Monday, February 9th were paid a dividend of $0.1831 per share. The ex-dividend date was Monday, February 9th. This is a boost from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.03. This represents a c) annualized dividend and a yield of 4.3%.

VictoryShares Short-Term Bond ETF 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.