Royal Bank of Canada Boosts Stake in VictoryShares Short-Term Bond ETF $USTB

Royal Bank of Canada boosted its position in VictoryShares Short-Term Bond ETF (NASDAQ:USTBFree Report) by 11.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 234,309 shares of the company’s stock after purchasing an additional 24,982 shares during the period. Royal Bank of Canada owned approximately 0.59% of VictoryShares Short-Term Bond ETF worth $11,851,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Waverly Advisors LLC grew its stake in shares of VictoryShares Short-Term Bond ETF by 6.4% during the first quarter. Waverly Advisors LLC now owns 451,585 shares of the company’s stock valued at $22,841,000 after buying an additional 27,171 shares during the last quarter. HORAN Wealth LLC lifted its stake in shares of VictoryShares Short-Term Bond ETF by 19.8% during the 1st quarter. HORAN Wealth LLC now owns 262,376 shares of the company’s stock worth $13,274,000 after acquiring an additional 43,338 shares during the last quarter. Cornerstone Planning Group LLC lifted its stake in shares of VictoryShares Short-Term Bond ETF by 19.0% during the 1st quarter. Cornerstone Planning Group LLC now owns 292,838 shares of the company’s stock worth $14,844,000 after acquiring an additional 46,742 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in VictoryShares Short-Term Bond ETF by 23.2% during the 1st quarter. Bank of New York Mellon Corp now owns 45,670 shares of the company’s stock valued at $2,310,000 after acquiring an additional 8,592 shares during the period. Finally, Sigma Planning Corp boosted its holdings in VictoryShares Short-Term Bond ETF by 3.8% during the 1st quarter. Sigma Planning Corp now owns 24,019 shares of the company’s stock valued at $1,215,000 after acquiring an additional 889 shares during the period.

VictoryShares Short-Term Bond ETF Stock Down 0.2%

Shares of VictoryShares Short-Term Bond ETF stock opened at $50.42 on Friday. The stock’s fifty day moving average is $50.52 and its two-hundred day moving average is $50.67. VictoryShares Short-Term Bond ETF has a 52 week low of $50.31 and a 52 week high of $51.12.

VictoryShares Short-Term Bond ETF Cuts Dividend

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

VictoryShares Short-Term Bond ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

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