Nations Financial Group Inc. IA ADV Boosts Stock Position in VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Nations Financial Group Inc. IA ADV lifted its holdings in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 50.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 57,223 shares of the company’s stock after purchasing an additional 19,270 shares during the quarter. Nations Financial Group Inc. IA ADV owned 0.31% of VictoryShares Short-Term Bond ETF worth $2,873,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of USTB. Fortitude Family Office LLC purchased a new position in shares of VictoryShares Short-Term Bond ETF in the third quarter valued at $91,000. Fifth Third Bancorp bought a new stake in VictoryShares Short-Term Bond ETF in the fourth quarter worth $155,000. Janney Montgomery Scott LLC bought a new stake in VictoryShares Short-Term Bond ETF in the fourth quarter worth $294,000. Octavia Wealth Advisors LLC lifted its position in VictoryShares Short-Term Bond ETF by 37.9% in the fourth quarter. Octavia Wealth Advisors LLC now owns 5,985 shares of the company’s stock worth $300,000 after buying an additional 1,645 shares during the last quarter. Finally, Greenup Street Wealth Management LLC bought a new stake in VictoryShares Short-Term Bond ETF in the fourth quarter worth $305,000.

VictoryShares Short-Term Bond ETF Stock Performance

Shares of USTB opened at $50.36 on Friday. The business has a fifty day moving average of $50.27 and a 200 day moving average of $50.42. VictoryShares Short-Term Bond ETF has a 52-week low of $49.29 and a 52-week high of $50.92.

VictoryShares Short-Term Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, February 10th. Investors of record on Friday, February 7th were given a $0.1892 dividend. The ex-dividend date of this dividend was Friday, February 7th. This is an increase from VictoryShares Short-Term Bond ETF’s previous dividend of $0.04.

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.