VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Short Interest Update

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) saw a significant decline in short interest in February. As of February 28th, there was short interest totalling 36,100 shares, a decline of 14.9% from the February 13th total of 42,400 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 134,000 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On VictoryShares Short-Term Bond ETF

A number of institutional investors have recently bought and sold shares of the business. Victory Capital Management Inc. increased its position in VictoryShares Short-Term Bond ETF by 23.0% during the fourth quarter. Victory Capital Management Inc. now owns 5,122,240 shares of the company’s stock worth $257,136,000 after buying an additional 959,375 shares during the last quarter. Bank of America Corp DE increased its stake in shares of VictoryShares Short-Term Bond ETF by 35.3% during the fourth quarter. Bank of America Corp DE now owns 900,446 shares of the company’s stock worth $45,202,000 after purchasing an additional 235,003 shares during the period. LPL Financial LLC increased its stake in shares of VictoryShares Short-Term Bond ETF by 97.8% during the fourth quarter. LPL Financial LLC now owns 716,137 shares of the company’s stock worth $35,950,000 after purchasing an additional 354,102 shares during the period. Broadway Wealth Solutions Inc. bought a new position in shares of VictoryShares Short-Term Bond ETF during the fourth quarter worth approximately $19,306,000. Finally, Raymond James Financial Inc. bought a new position in shares of VictoryShares Short-Term Bond ETF during the fourth quarter worth approximately $15,966,000.

VictoryShares Short-Term Bond ETF Trading Up 0.1 %

USTB opened at $50.48 on Wednesday. VictoryShares Short-Term Bond ETF has a 52-week low of $49.29 and a 52-week high of $50.92. The business’s 50-day simple moving average is $50.41 and its 200 day simple moving average is $50.44.

VictoryShares Short-Term Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, March 11th. Shareholders of record on Monday, March 10th were given a dividend of $0.193 per share. The ex-dividend date of this dividend was Monday, March 10th. This is an increase from VictoryShares Short-Term Bond ETF’s previous dividend of $0.19.

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.