VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Sees Strong Trading Volume – What’s Next?

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) shares saw strong trading volume on Monday . 208,423 shares changed hands during mid-day trading, an increase of 192% from the previous session’s volume of 71,454 shares.The stock last traded at $50.20 and had previously closed at $50.26.

VictoryShares Short-Term Bond ETF Price Performance

The stock has a 50 day moving average of $50.58 and a 200-day moving average of $50.20.

VictoryShares Short-Term Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, November 7th were paid a $0.2103 dividend. This represents a $2.52 annualized dividend and a dividend yield of 5.03%. The ex-dividend date of this dividend was Thursday, November 7th.

Institutional Investors Weigh In On VictoryShares Short-Term Bond ETF

A number of large investors have recently bought and sold shares of USTB. Ameritas Advisory Services LLC lifted its stake in VictoryShares Short-Term Bond ETF by 11.3% during the 2nd quarter. Ameritas Advisory Services LLC now owns 31,058 shares of the company’s stock valued at $1,547,000 after acquiring an additional 3,146 shares during the period. Private Advisor Group LLC lifted its position in VictoryShares Short-Term Bond ETF by 7.5% during the second quarter. Private Advisor Group LLC now owns 39,020 shares of the company’s stock valued at $1,943,000 after purchasing an additional 2,707 shares during the period. Concourse Financial Group Securities Inc. boosted its holdings in VictoryShares Short-Term Bond ETF by 9.7% in the second quarter. Concourse Financial Group Securities Inc. now owns 20,565 shares of the company’s stock valued at $1,024,000 after purchasing an additional 1,820 shares during the last quarter. Redhawk Wealth Advisors Inc. grew its position in VictoryShares Short-Term Bond ETF by 1.5% during the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 160,406 shares of the company’s stock worth $8,150,000 after purchasing an additional 2,346 shares during the period. Finally, Cambridge Investment Research Advisors Inc. raised its stake in shares of VictoryShares Short-Term Bond ETF by 20.3% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 38,318 shares of the company’s stock valued at $1,908,000 after buying an additional 6,477 shares during the last quarter.

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.