Rooted Wealth Advisors Inc. Boosts Stock Holdings in VictoryShares Short-Term Bond ETF $USTB

Rooted Wealth Advisors Inc. lifted its holdings in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 50.9% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 71,085 shares of the company’s stock after purchasing an additional 23,966 shares during the period. VictoryShares Short-Term Bond ETF comprises 0.9% of Rooted Wealth Advisors Inc.’s holdings, making the stock its 28th biggest position. Rooted Wealth Advisors Inc.’s holdings in VictoryShares Short-Term Bond ETF were worth $3,601,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Maridea Wealth Management LLC increased its holdings in shares of VictoryShares Short-Term Bond ETF by 721.6% in the 4th quarter. Maridea Wealth Management LLC now owns 48,629 shares of the company’s stock valued at $2,472,000 after acquiring an additional 42,710 shares during the period. Farther Finance Advisors LLC bought a new stake in VictoryShares Short-Term Bond ETF during the fourth quarter valued at about $7,580,000. ERn Financial LLC boosted its position in VictoryShares Short-Term Bond ETF by 4.7% during the fourth quarter. ERn Financial LLC now owns 315,306 shares of the company’s stock valued at $16,030,000 after purchasing an additional 14,292 shares in the last quarter. Merit Financial Group LLC grew its stake in VictoryShares Short-Term Bond ETF by 6.9% in the fourth quarter. Merit Financial Group LLC now owns 2,598,695 shares of the company’s stock valued at $132,118,000 after purchasing an additional 167,898 shares during the last quarter. Finally, Stonebridge Financial Group LLC grew its stake in VictoryShares Short-Term Bond ETF by 10.0% in the fourth quarter. Stonebridge Financial Group LLC now owns 761,559 shares of the company’s stock valued at $38,718,000 after purchasing an additional 69,053 shares during the last quarter.

VictoryShares Short-Term Bond ETF Trading Up 0.1%

Shares of VictoryShares Short-Term Bond ETF stock opened at $50.63 on Friday. The company has a 50-day simple moving average of $50.58 and a two-hundred day simple moving average of $50.74. VictoryShares Short-Term Bond ETF has a one year low of $50.40 and a one year high of $51.12.

VictoryShares Short-Term Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, June 9th were issued a dividend of $0.182 per share. The ex-dividend date was Tuesday, June 9th. This represents a c) annualized dividend and a dividend yield of 4.3%.

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.