VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Stake Cut by Mainstay Capital Management LLC ADV

Mainstay Capital Management LLC ADV lowered its holdings in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 2.4% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,059 shares of the company’s stock after selling 199 shares during the period. Mainstay Capital Management LLC ADV owned about 0.05% of VictoryShares Short-Term Bond ETF worth $409,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of USTB. Octavia Wealth Advisors LLC acquired a new position in VictoryShares Short-Term Bond ETF during the 3rd quarter valued at approximately $221,000. SageView Advisory Group LLC lifted its position in VictoryShares Short-Term Bond ETF by 47.6% in the 1st quarter. SageView Advisory Group LLC now owns 6,115 shares of the company’s stock valued at $305,000 after purchasing an additional 1,973 shares during the last quarter. Private Client Services LLC acquired a new position in VictoryShares Short-Term Bond ETF during the 3rd quarter valued at about $404,000. REDW Wealth LLC acquired a new stake in shares of VictoryShares Short-Term Bond ETF in the first quarter valued at approximately $462,000. Finally, Daymark Wealth Partners LLC raised its holdings in shares of VictoryShares Short-Term Bond ETF by 2.2% during the second quarter. Daymark Wealth Partners LLC now owns 14,432 shares of the company’s stock valued at $719,000 after buying an additional 305 shares during the last quarter.

VictoryShares Short-Term Bond ETF Price Performance

Shares of USTB stock opened at $50.46 on Friday. VictoryShares Short-Term Bond ETF has a 12-month low of $48.42 and a 12-month high of $50.92. The business has a 50 day simple moving average of $50.62 and a 200 day simple moving average of $50.11.

VictoryShares Short-Term Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, October 9th. Investors of record on Tuesday, October 8th were paid a dividend of $0.1687 per share. This represents a $2.02 dividend on an annualized basis and a dividend yield of 4.01%. The ex-dividend date was Tuesday, October 8th.

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.