REDW Wealth LLC Has $291,000 Stake in VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

REDW Wealth LLC reduced its stake in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 14.7% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 5,799 shares of the company’s stock after selling 1,001 shares during the period. REDW Wealth LLC’s holdings in VictoryShares Short-Term Bond ETF were worth $291,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of USTB. Fifth Third Bancorp bought a new position in shares of VictoryShares Short-Term Bond ETF during the 4th quarter worth approximately $155,000. Axis Wealth Partners LLC purchased a new position in VictoryShares Short-Term Bond ETF during the fourth quarter valued at approximately $205,000. Janney Montgomery Scott LLC bought a new stake in shares of VictoryShares Short-Term Bond ETF during the 4th quarter valued at about $294,000. Octavia Wealth Advisors LLC increased its stake 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 valued at $300,000 after acquiring an additional 1,645 shares during the last quarter. Finally, Greenup Street Wealth Management LLC purchased a new stake in shares of VictoryShares Short-Term Bond ETF in the 4th quarter valued at $305,000.

VictoryShares Short-Term Bond ETF Trading Down 0.0 %

Shares of USTB stock opened at $50.64 on Monday. The stock has a 50 day moving average price of $50.37 and a two-hundred day moving average price of $50.44. VictoryShares Short-Term Bond ETF has a fifty-two week low of $49.29 and a fifty-two week high of $50.92.

VictoryShares Short-Term Bond ETF Increases Dividend

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

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.