Orion Portfolio Solutions LLC Buys 4,956 Shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Orion Portfolio Solutions LLC increased its stake in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 13.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,801 shares of the company’s stock after buying an additional 4,956 shares during the quarter. Orion Portfolio Solutions LLC owned 0.22% of VictoryShares Short-Term Bond ETF worth $2,098,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of USTB. Fifth Third Bancorp bought a new stake in shares of VictoryShares Short-Term Bond ETF in the 4th quarter worth about $155,000. Axis Wealth Partners LLC bought a new stake in VictoryShares Short-Term Bond ETF during the 4th quarter worth approximately $205,000. Avantax Advisory Services Inc. increased its holdings in VictoryShares Short-Term Bond ETF by 11.5% during the 4th quarter. Avantax Advisory Services Inc. now owns 4,773 shares of the company’s stock valued at $240,000 after purchasing an additional 492 shares in the last quarter. Janney Montgomery Scott LLC bought a new position in VictoryShares Short-Term Bond ETF in the 4th quarter valued at $294,000. Finally, Octavia Wealth Advisors LLC boosted its stake in VictoryShares Short-Term Bond ETF by 37.9% in the fourth quarter. Octavia Wealth Advisors LLC now owns 5,985 shares of the company’s stock worth $300,000 after purchasing an additional 1,645 shares in the last quarter.

VictoryShares Short-Term Bond ETF Stock Performance

Shares of USTB stock opened at $50.63 on Thursday. The stock’s fifty day moving average is $50.49 and its 200-day moving average is $50.43. VictoryShares Short-Term Bond ETF has a 52 week low of $49.29 and a 52 week high of $50.92.

VictoryShares Short-Term Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, March 11th. Shareholders of record on Monday, March 10th were given a $0.193 dividend. The ex-dividend date of this dividend was Monday, March 10th. This is a boost 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.