Elk River Wealth Management LLC Purchases 2,682 Shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Elk River Wealth Management LLC raised its stake in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 9.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,547 shares of the company’s stock after acquiring an additional 2,682 shares during the quarter. Elk River Wealth Management LLC’s holdings in VictoryShares Short-Term Bond ETF were worth $1,603,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ameritas Advisory Services LLC increased its position in VictoryShares Short-Term Bond ETF by 11.3% in the second quarter. Ameritas Advisory Services LLC now owns 31,058 shares of the company’s stock worth $1,547,000 after buying an additional 3,146 shares during the last quarter. Private Advisor Group LLC lifted its stake in shares of VictoryShares Short-Term Bond ETF by 7.5% during the 2nd quarter. Private Advisor Group LLC now owns 39,020 shares of the company’s stock valued at $1,943,000 after buying an additional 2,707 shares in the last quarter. Prairieview Wealth Partners LLC bought a new position in VictoryShares Short-Term Bond ETF in the 1st quarter worth approximately $10,623,000. Concourse Financial Group Securities Inc. lifted its position in shares of VictoryShares Short-Term Bond ETF by 9.7% during the second quarter. Concourse Financial Group Securities Inc. now owns 20,565 shares of the company’s stock worth $1,024,000 after acquiring an additional 1,820 shares in the last quarter. Finally, Redhawk Wealth Advisors Inc. grew its position in shares of VictoryShares Short-Term Bond ETF by 1.5% in the third quarter. Redhawk Wealth Advisors Inc. now owns 160,406 shares of the company’s stock valued at $8,150,000 after purchasing an additional 2,346 shares in the last quarter.

VictoryShares Short-Term Bond ETF Trading Down 0.1 %

Shares of VictoryShares Short-Term Bond ETF stock traded down $0.06 on Monday, reaching $50.43. The stock had a trading volume of 1,815 shares, compared to its average volume of 69,223. The business’s 50 day moving average is $50.61 and its two-hundred day moving average is $50.07. VictoryShares Short-Term Bond ETF has a 1 year low of $48.37 and a 1 year high of $50.92.

VictoryShares Short-Term Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, October 9th. Investors of record on Tuesday, October 8th were given a $0.1687 dividend. The ex-dividend date of this dividend was Tuesday, October 8th. This represents a $2.02 dividend on an annualized basis and a dividend yield of 4.01%.

About VictoryShares Short-Term Bond ETF

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.