Darrow Company Inc. Acquires 5,791 Shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Darrow Company Inc. lifted its holdings in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 10.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 62,792 shares of the company’s stock after acquiring an additional 5,791 shares during the period. VictoryShares Short-Term Bond ETF makes up about 1.8% of Darrow Company Inc.’s investment portfolio, making the stock its 16th biggest position. Darrow Company Inc.’s holdings in VictoryShares Short-Term Bond ETF were worth $3,152,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Bensler LLC acquired a new stake in VictoryShares Short-Term Bond ETF in the 3rd quarter valued at about $10,169,000. Certified Advisory Corp increased its position in VictoryShares Short-Term Bond ETF by 631.6% in the 3rd quarter. Certified Advisory Corp now owns 163,310 shares of the company’s stock valued at $8,298,000 after acquiring an additional 140,989 shares in the last quarter. Pinnacle Wealth Management Group Inc. acquired a new stake in shares of VictoryShares Short-Term Bond ETF during the 3rd quarter worth approximately $6,395,000. Redhawk Wealth Advisors Inc. grew its position in shares of VictoryShares Short-Term Bond ETF by 69.1% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 271,322 shares of the company’s stock worth $13,620,000 after buying an additional 110,916 shares during the period. Finally, Merit Financial Group LLC acquired a new stake in shares of VictoryShares Short-Term Bond ETF during the 4th quarter worth approximately $2,744,000.

VictoryShares Short-Term Bond ETF Trading Down 0.0 %

Shares of NASDAQ:USTB opened at $50.49 on Friday. VictoryShares Short-Term Bond ETF has a one year low of $49.29 and a one year high of $50.92. The company has a 50 day moving average of $50.29 and a 200-day moving average of $50.41.

VictoryShares Short-Term Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, January 9th. Shareholders of record on Wednesday, January 8th were paid a $0.0439 dividend. The ex-dividend date of this dividend was Wednesday, January 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.