VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Shares Bought by Pine Valley Investments Ltd Liability Co

Pine Valley Investments Ltd Liability Co grew its holdings in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 38.0% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 162,750 shares of the company’s stock after buying an additional 44,774 shares during the period. Pine Valley Investments Ltd Liability Co’s holdings in VictoryShares Short-Term Bond ETF were worth $8,170,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Fortitude Family Office LLC purchased a new position in VictoryShares Short-Term Bond ETF in the 3rd quarter valued at $91,000. Fifth Third Bancorp acquired a new stake in shares of VictoryShares Short-Term Bond ETF in the 4th quarter worth $155,000. Janney Montgomery Scott LLC purchased a new stake in shares of VictoryShares Short-Term Bond ETF in the fourth quarter valued at about $294,000. Octavia Wealth Advisors LLC increased its stake in shares of VictoryShares Short-Term Bond ETF by 37.9% during the fourth quarter. Octavia Wealth Advisors LLC now owns 5,985 shares of the company’s stock worth $300,000 after acquiring an additional 1,645 shares during the period. Finally, Greenup Street Wealth Management LLC purchased a new position in VictoryShares Short-Term Bond ETF during the fourth quarter worth about $305,000.

VictoryShares Short-Term Bond ETF Stock Performance

Shares of NASDAQ:USTB opened at $50.49 on Tuesday. VictoryShares Short-Term Bond ETF has a 52 week low of $49.29 and a 52 week high of $50.92. The company has a 50-day moving average price of $50.27 and a 200 day moving average price of $50.42.

VictoryShares Short-Term Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, February 10th. Investors of record on Friday, February 7th were paid a $0.1892 dividend. The ex-dividend date 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.