VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Announces $0.17 Monthly Dividend
by Michael Walen · The Markets DailyVictoryShares Short-Term Bond ETF (NASDAQ:USTB – Get Free Report) announced a monthly dividend on Thursday, August 6th, NASDAQ Dividends reports. Shareholders of record on Friday, August 7th will be paid a dividend of 0.1723 per share on Monday, August 10th. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend is Friday, August 7th.
VictoryShares Short-Term Bond ETF Price Performance
Shares of USTB traded down $0.10 during trading hours on Friday, hitting $50.42. The company’s stock had a trading volume of 306,873 shares, compared to its average volume of 259,708. VictoryShares Short-Term Bond ETF has a 52-week low of $50.31 and a 52-week high of $51.12. The business has a 50 day simple moving average of $50.53 and a two-hundred day simple moving average of $50.67.
Institutional Investors Weigh In On VictoryShares Short-Term Bond ETF
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Western Wealth Management LLC bought a new stake in VictoryShares Short-Term Bond ETF during the 1st quarter worth approximately $28,000. Sunbelt Securities Inc. purchased a new position in shares of VictoryShares Short-Term Bond ETF during the 3rd quarter valued at about $30,000. JPMorgan Chase & Co. purchased a new position in shares of VictoryShares Short-Term Bond ETF during the third quarter worth approximately $32,000. Global Retirement Partners LLC bought a new stake in VictoryShares Short-Term Bond ETF in the fourth quarter worth $33,000. Finally, Aptus Capital Advisors LLC bought a new stake in shares of VictoryShares Short-Term Bond ETF in the 3rd quarter valued at about $72,000.
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.
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