International City Management Association Retirement Corp bought a new stake in VictoryShares Short-Term Bond ETF (NASDAQ:USTB – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 457,609 shares of the company’s stock, valued at approximately $22,826,000. VictoryShares Short-Term Bond ETF accounts for 5.1% of International City Management Association Retirement Corp’s portfolio, making the stock its 9th biggest position. International City Management Association Retirement Corp owned 0.83% of VictoryShares Short-Term Bond ETF as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of USTB. Go Invest LLC bought a new position in VictoryShares Short-Term Bond ETF during the third quarter worth about $130,917,000. Stonebridge Financial Group LLC boosted its holdings in 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 valued at $86,359,000 after purchasing an additional 804,125 shares during the period. Bank of America Corp DE boosted its holdings in VictoryShares Short-Term Bond ETF by 10.0% in the 1st quarter. Bank of America Corp DE now owns 1,531,498 shares of the company’s stock valued at $77,463,000 after purchasing an additional 139,855 shares during the period. Broadway Wealth Solutions Inc. boosted its holdings in VictoryShares Short-Term Bond ETF by 5.8% in the 3rd quarter. Broadway Wealth Solutions Inc. now owns 612,191 shares of the company’s stock valued at $30,536,000 after purchasing an additional 33,392 shares during the period. Finally, Marquette Asset Management LLC acquired a new position in shares of VictoryShares Short-Term Bond ETF during the 3rd quarter worth approximately $28,106,000.
VictoryShares Short-Term Bond ETF Stock Performance
Shares of NASDAQ:USTB opened at $50.02 on Tuesday. VictoryShares Short-Term Bond ETF has a 12-month low of $49.80 and a 12-month high of $51.10. The company’s 50 day moving average price is $50.15 and its two-hundred day moving average price is $50.54.
VictoryShares Short-Term Bond ETF Increases Dividend
The business also recently declared a monthly dividend, which was paid on Friday, October 9th. Investors of record on Thursday, October 8th were paid a $0.2060 dividend. This represents a $2.47 annualized dividend and a dividend yield of 4.9%. This is an increase from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.1834. The ex-dividend date was 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.
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