VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Sees Unusually-High Trading Volume Following Dividend Announcement

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) shares saw an uptick in trading volume on Wednesday following a dividend announcement from the company. 219,233 shares traded hands during mid-day trading, an increase of 184% from the previous session’s volume of 77,084 shares.The stock last traded at $50.58 and had previously closed at $50.57.

The newly announced dividend which will be paid on Friday, December 13th. Investors of record on Thursday, December 12th will be issued a dividend of $0.3598 per share. The ex-dividend date of this dividend is Thursday, December 12th.

VictoryShares Short-Term Bond ETF Price Performance

The stock has a 50 day moving average of $50.41 and a two-hundred day moving average of $50.31.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in USTB. Daymark Wealth Partners LLC boosted its position in shares of VictoryShares Short-Term Bond ETF by 2.2% in the second quarter. Daymark Wealth Partners LLC now owns 14,432 shares of the company’s stock worth $719,000 after buying an additional 305 shares during the period. Burt Wealth Advisors boosted its position in VictoryShares Short-Term Bond ETF by 5.3% during the 3rd quarter. Burt Wealth Advisors now owns 7,010 shares of the company’s stock worth $356,000 after acquiring an additional 350 shares during the period. Orion Portfolio Solutions LLC boosted its position in VictoryShares Short-Term Bond ETF by 1.1% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 36,845 shares of the company’s stock worth $1,872,000 after acquiring an additional 401 shares during the period. Comprehensive Wealth Management LLC grew its position in VictoryShares Short-Term Bond ETF by 6.9% during the third quarter. Comprehensive Wealth Management LLC now owns 11,883 shares of the company’s stock valued at $604,000 after purchasing an additional 762 shares in the last quarter. Finally, Aspire Wealth Management Corp grew its holdings in shares of VictoryShares Short-Term Bond ETF by 11.4% during the 3rd quarter. Aspire Wealth Management Corp now owns 8,757 shares of the company’s stock valued at $445,000 after acquiring an additional 897 shares in the last quarter.

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.