Apella Capital LLC Increases Position in VictoryShares Short-Term Bond ETF $USTB

Apella Capital LLC grew its position in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 30.4% during the third quarter, according to its most recent filing with the SEC. The firm owned 315,669 shares of the company’s stock after acquiring an additional 73,584 shares during the period. Apella Capital LLC owned about 0.59% of VictoryShares Short-Term Bond ETF worth $15,801,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Toth Financial Advisory Corp purchased a new position in VictoryShares Short-Term Bond ETF during the third quarter valued at $11,241,000. Private Client Services LLC purchased a new stake in shares of VictoryShares Short-Term Bond ETF in the 3rd quarter worth about $236,000. Stonebridge Financial Group LLC grew its position in shares of VictoryShares Short-Term Bond ETF by 86.7% in the 3rd quarter. Stonebridge Financial Group LLC now owns 1,731,326 shares of the company’s stock worth $86,359,000 after buying an additional 804,125 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of VictoryShares Short-Term Bond ETF by 10.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 171,901 shares of the company’s stock worth $8,702,000 after acquiring an additional 16,247 shares in the last quarter. Finally, Integrated Wealth Concepts LLC increased its stake in shares of VictoryShares Short-Term Bond ETF by 3.8% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 214,309 shares of the company’s stock worth $10,848,000 after acquiring an additional 7,838 shares in the last quarter.

VictoryShares Short-Term Bond ETF Trading Down 0.4%

NASDAQ USTB traded down $0.22 during trading hours on Thursday, reaching $49.84. 134,325 shares of the company’s stock traded hands, compared to its average volume of 289,421. VictoryShares Short-Term Bond ETF has a 52-week low of $49.80 and a 52-week high of $51.10. The firm has a 50-day simple moving average of $50.28 and a 200 day simple moving average of $50.46.

VictoryShares Short-Term Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, October 9th. Shareholders of record on Thursday, October 8th will be issued a $0.2060 dividend. This represents a $2.47 annualized dividend and a yield of 5.0%. This is a positive change from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.1834. The ex-dividend date of this dividend is Thursday, October 8th.

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.