VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Sees Large Volume Increase – Should You Buy?

Shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) saw an uptick in trading volume on Tuesday . 571,100 shares were traded during trading, an increase of 141% from the previous session’s volume of 236,620 shares.The stock last traded at $50.69 and had previously closed at $50.67.

VictoryShares Short-Term Bond ETF Stock Performance

The firm has a 50 day moving average of $50.72 and a two-hundred day moving average of $50.84.

VictoryShares Short-Term Bond ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, April 10th. Shareholders of record on Thursday, April 9th were given a $0.201 dividend. The ex-dividend date was Thursday, April 9th.

Institutional Trading of VictoryShares Short-Term Bond ETF

Institutional investors have recently modified their holdings of the company. Commonwealth Equity Services LLC grew its holdings in shares of VictoryShares Short-Term Bond ETF by 12.8% during the 3rd quarter. Commonwealth Equity Services LLC now owns 224,882 shares of the company’s stock worth $11,467,000 after purchasing an additional 25,602 shares in the last quarter. Maridea Wealth Management LLC grew its holdings in shares of VictoryShares Short-Term Bond ETF by 721.6% during the 4th quarter. Maridea Wealth Management LLC now owns 48,629 shares of the company’s stock worth $2,472,000 after purchasing an additional 42,710 shares in the last quarter. ERn Financial LLC grew its holdings in shares of VictoryShares Short-Term Bond ETF by 4.7% during the 4th quarter. ERn Financial LLC now owns 315,306 shares of the company’s stock worth $16,030,000 after purchasing an additional 14,292 shares in the last quarter. Stonebridge Financial Group LLC grew its holdings in shares of VictoryShares Short-Term Bond ETF by 10.0% during the 4th quarter. Stonebridge Financial Group LLC now owns 761,559 shares of the company’s stock worth $38,718,000 after purchasing an additional 69,053 shares in the last quarter. Finally, Thrivent Financial for Lutherans acquired a new stake in shares of VictoryShares Short-Term Bond ETF during the 3rd quarter worth approximately $4,343,000.

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.