Redhawk Wealth Advisors Inc. Purchases 11,497 Shares of VictoryShares Short-Term Bond ETF $USTB

Redhawk Wealth Advisors Inc. grew its holdings in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 4.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 276,282 shares of the company’s stock after purchasing an additional 11,497 shares during the quarter. VictoryShares Short-Term Bond ETF comprises 1.4% of Redhawk Wealth Advisors Inc.’s portfolio, making the stock its 14th biggest holding. Redhawk Wealth Advisors Inc.’s holdings in VictoryShares Short-Term Bond ETF were worth $13,985,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. StoneX Group Inc. lifted its position in shares of VictoryShares Short-Term Bond ETF by 3.8% during the 4th quarter. StoneX Group Inc. now owns 5,827 shares of the company’s stock worth $296,000 after purchasing an additional 212 shares during the last quarter. Intrua Financial LLC boosted its stake in VictoryShares Short-Term Bond ETF by 2.3% during the 4th quarter. Intrua Financial LLC now owns 9,653 shares of the company’s stock valued at $491,000 after purchasing an additional 214 shares during the period. M.E. Allison & CO. Inc. grew its holdings in VictoryShares Short-Term Bond ETF by 2.2% in the 2nd quarter. M.E. Allison & CO. Inc. now owns 11,514 shares of the company’s stock valued at $583,000 after buying an additional 245 shares during the last quarter. Advisory Services Network LLC grew its holdings in VictoryShares Short-Term Bond ETF by 1.4% in the 4th quarter. Advisory Services Network LLC now owns 23,176 shares of the company’s stock valued at $1,178,000 after buying an additional 318 shares during the last quarter. Finally, Midwest Capital Advisors LLC increased its position in VictoryShares Short-Term Bond ETF by 0.4% in the 4th quarter. Midwest Capital Advisors LLC now owns 104,147 shares of the company’s stock worth $5,295,000 after buying an additional 399 shares during the period.

VictoryShares Short-Term Bond ETF Stock Down 0.1%

Shares of NASDAQ USTB opened at $50.36 on Tuesday. VictoryShares Short-Term Bond ETF has a 12 month low of $50.31 and a 12 month high of $51.12. The business’s 50 day moving average is $50.52 and its two-hundred day moving average is $50.67.

VictoryShares Short-Term Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, August 10th. Investors of record on Friday, August 7th were given a dividend of $0.1723 per share. The ex-dividend date of this dividend was Friday, August 7th. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.