Marquette Asset Management LLC Has $27.86 Million Stake in VictoryShares Short-Term Bond ETF $USTB

Marquette Asset Management LLC lifted its position in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 4.8% during the second quarter, Holdings Channel.com reports. The firm owned 550,446 shares of the company’s stock after buying an additional 25,013 shares during the quarter. VictoryShares Short-Term Bond ETF accounts for 3.6% of Marquette Asset Management LLC’s portfolio, making the stock its 12th biggest holding. Marquette Asset Management LLC’s holdings in VictoryShares Short-Term Bond ETF were worth $27,864,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in USTB. Farther Finance Advisors LLC acquired a new position in VictoryShares Short-Term Bond ETF in the 4th quarter valued at $7,580,000. HORAN Wealth LLC lifted its holdings in shares of VictoryShares Short-Term Bond ETF by 19.8% during the first quarter. HORAN Wealth LLC now owns 262,376 shares of the company’s stock worth $13,274,000 after buying an additional 43,338 shares in the last quarter. Merit Financial Group LLC lifted its holdings in shares of VictoryShares Short-Term Bond ETF by 6.9% during the fourth quarter. Merit Financial Group LLC now owns 2,598,695 shares of the company’s stock worth $132,118,000 after buying an additional 167,898 shares in the last quarter. Certified Advisory Corp lifted its holdings in shares of VictoryShares Short-Term Bond ETF by 10.5% during the first quarter. Certified Advisory Corp now owns 231,971 shares of the company’s stock worth $11,733,000 after buying an additional 22,076 shares in the last quarter. Finally, Comerica Bank bought a new stake in shares of VictoryShares Short-Term Bond ETF in the fourth quarter valued at about $1,180,000.

VictoryShares Short-Term Bond ETF Stock Performance

USTB stock opened at $50.36 on Tuesday. VictoryShares Short-Term Bond ETF has a 52 week low of $50.31 and a 52 week high of $51.12. The company’s 50-day simple moving average is $50.52 and its 200 day simple moving average is $50.67.

VictoryShares Short-Term Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, August 10th. Shareholders of record on Friday, August 7th were issued a $0.1723 dividend. The ex-dividend date of this dividend was Friday, August 7th. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.