VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Sees Strong Trading Volume – Here’s Why

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) shares saw an uptick in trading volume on Thursday . 75,761 shares were traded during trading, a decline of 14% from the previous session’s volume of 88,288 shares.The stock last traded at $50.28 and had previously closed at $50.30.

VictoryShares Short-Term Bond ETF Trading Down 0.0 %

The stock’s fifty day moving average price is $50.27 and its 200-day moving average price is $50.39.

VictoryShares Short-Term Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, January 9th. Stockholders of record on Wednesday, January 8th were given a dividend of $0.0439 per share. The ex-dividend date was Wednesday, January 8th.

Institutional Trading of VictoryShares Short-Term Bond ETF

Hedge funds have recently made changes to their positions in the company. Daymark Wealth Partners LLC lifted its holdings in 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 valued at $719,000 after acquiring an additional 305 shares during the last quarter. Burt Wealth Advisors lifted its stake 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 purchasing an additional 350 shares during the last quarter. Orion Portfolio Solutions LLC grew its holdings in shares of 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 purchasing an additional 401 shares during the period. Comprehensive Wealth Management LLC increased its position in shares of VictoryShares Short-Term Bond ETF by 6.9% during the 3rd quarter. Comprehensive Wealth Management LLC now owns 11,883 shares of the company’s stock worth $604,000 after purchasing an additional 762 shares during the last quarter. Finally, Aspire Wealth Management Corp raised its holdings in 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.

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.