Horan Capital Advisors LLC. Takes Position in VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Horan Capital Advisors LLC. purchased a new stake in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 169,023 shares of the company’s stock, valued at approximately $8,485,000. VictoryShares Short-Term Bond ETF comprises approximately 2.9% of Horan Capital Advisors LLC.’s investment portfolio, making the stock its 8th largest position. Horan Capital Advisors LLC. owned approximately 0.88% of VictoryShares Short-Term Bond ETF as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of USTB. Trademark Financial Management LLC lifted its stake in shares of VictoryShares Short-Term Bond ETF by 16.3% in the 3rd quarter. Trademark Financial Management LLC now owns 20,191 shares of the company’s stock valued at $1,026,000 after purchasing an additional 2,827 shares during the last quarter. Bensler LLC purchased a new stake in shares of VictoryShares Short-Term Bond ETF in the 3rd quarter valued at $10,169,000. Aspire Wealth Management Corp raised its holdings in shares of VictoryShares Short-Term Bond ETF by 11.4% in the 3rd quarter. Aspire Wealth Management Corp now owns 8,757 shares of the company’s stock valued at $445,000 after buying an additional 897 shares during the period. Burt Wealth Advisors raised its holdings in shares of VictoryShares Short-Term Bond ETF by 5.3% in the 3rd quarter. Burt Wealth Advisors now owns 7,010 shares of the company’s stock valued at $356,000 after buying an additional 350 shares during the period. Finally, Atria Investments Inc raised its holdings in shares of VictoryShares Short-Term Bond ETF by 2.0% in the 3rd quarter. Atria Investments Inc now owns 243,415 shares of the company’s stock valued at $12,368,000 after buying an additional 4,682 shares during the period.

VictoryShares Short-Term Bond ETF Trading Up 0.1 %

USTB stock opened at $50.71 on Tuesday. VictoryShares Short-Term Bond ETF has a 12-month low of $49.29 and a 12-month high of $50.92. The business’s fifty day moving average price is $50.33 and its 200 day moving average price is $50.43.

VictoryShares Short-Term Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, February 10th. Investors of record on Friday, February 7th were issued 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 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.