REDW Wealth LLC Raises Stock Holdings in VictoryShares Short-Term Bond ETF $USTB

REDW Wealth LLC lifted its stake in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 101.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 63,296 shares of the company’s stock after acquiring an additional 31,800 shares during the period. VictoryShares Short-Term Bond ETF accounts for approximately 1.2% of REDW Wealth LLC’s portfolio, making the stock its 19th biggest holding. REDW Wealth LLC owned 0.17% of VictoryShares Short-Term Bond ETF worth $3,218,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC boosted its stake in shares of VictoryShares Short-Term Bond ETF by 12.8% during the 3rd quarter. Commonwealth Equity Services LLC now owns 224,882 shares of the company’s stock worth $11,467,000 after purchasing an additional 25,602 shares during the last quarter. Maridea Wealth Management LLC grew its holdings in shares of VictoryShares Short-Term Bond ETF by 721.6% during the fourth quarter. Maridea Wealth Management LLC now owns 48,629 shares of the company’s stock worth $2,472,000 after buying an additional 42,710 shares in the last quarter. ERn Financial LLC raised its position in shares of VictoryShares Short-Term Bond ETF by 4.7% in the fourth quarter. ERn Financial LLC now owns 315,306 shares of the company’s stock valued at $16,030,000 after buying an additional 14,292 shares during the last quarter. Stonebridge Financial Group LLC raised its position in shares of 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 buying an additional 69,053 shares during the last quarter. Finally, Thrivent Financial for Lutherans purchased a new position in shares of VictoryShares Short-Term Bond ETF during the third quarter valued at approximately $4,343,000.

VictoryShares Short-Term Bond ETF Stock Performance

Shares of NASDAQ USTB opened at $50.62 on Friday. VictoryShares Short-Term Bond ETF has a 1 year low of $50.27 and a 1 year high of $51.12. The firm’s 50 day moving average price is $50.75 and its 200 day moving average price is $50.85.

VictoryShares Short-Term Bond ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, April 10th. Shareholders of record on Thursday, April 9th were paid a dividend of $0.201 per share. The ex-dividend date of this dividend was Thursday, April 9th.

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.