HORAN Wealth LLC Raises Position in VictoryShares Short-Term Bond ETF $USTB

HORAN Wealth LLC grew its holdings in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 19.8% in the 1st quarter, HoldingsChannel.com reports. The fund owned 262,376 shares of the company’s stock after buying an additional 43,338 shares during the quarter. VictoryShares Short-Term Bond ETF comprises about 1.3% of HORAN Wealth LLC’s investment portfolio, making the stock its 16th largest holding. HORAN Wealth LLC’s holdings in VictoryShares Short-Term Bond ETF were worth $13,274,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Sunbelt Securities Inc. acquired a new stake in shares of VictoryShares Short-Term Bond ETF in the third quarter valued at $30,000. JPMorgan Chase & Co. acquired a new position in VictoryShares Short-Term Bond ETF during the 3rd quarter worth $32,000. Global Retirement Partners LLC purchased a new stake in VictoryShares Short-Term Bond ETF during the 4th quarter worth about $33,000. Aptus Capital Advisors LLC purchased a new stake in VictoryShares Short-Term Bond ETF during the 3rd quarter worth about $72,000. Finally, SHP Wealth Management acquired a new stake in VictoryShares Short-Term Bond ETF in the 4th quarter valued at about $100,000.

VictoryShares Short-Term Bond ETF Trading Down 0.1%

Shares of USTB opened at $50.44 on Tuesday. VictoryShares Short-Term Bond ETF has a 1 year low of $50.35 and a 1 year high of $51.12. The stock has a 50-day simple moving average of $50.55 and a 200-day simple moving average of $50.71.

VictoryShares Short-Term Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 10th. Investors of record on Thursday, July 9th were issued a $0.2031 dividend. This represents a c) annualized dividend and a yield of 4.8%. This is a positive change from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend was Thursday, July 9th.

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.