Kingsview Wealth Management LLC Makes New Investment in VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Kingsview Wealth Management LLC purchased a new stake in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 43,886 shares of the company’s stock, valued at approximately $2,203,000. Kingsview Wealth Management LLC owned 0.24% of VictoryShares Short-Term Bond ETF as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Fortitude Family Office LLC acquired a new position in VictoryShares Short-Term Bond ETF during the 3rd quarter worth approximately $91,000. Fifth Third Bancorp bought a new stake in shares of VictoryShares Short-Term Bond ETF in the fourth quarter worth $155,000. Janney Montgomery Scott LLC acquired a new position in VictoryShares Short-Term Bond ETF during the fourth quarter worth $294,000. Octavia Wealth Advisors LLC grew its position in VictoryShares Short-Term Bond ETF by 37.9% in the fourth quarter. Octavia Wealth Advisors LLC now owns 5,985 shares of the company’s stock valued at $300,000 after purchasing an additional 1,645 shares in the last quarter. Finally, Greenup Street Wealth Management LLC acquired a new stake in VictoryShares Short-Term Bond ETF in the 4th quarter valued at $305,000.

VictoryShares Short-Term Bond ETF Price Performance

Shares of NASDAQ:USTB opened at $50.31 on Tuesday. The company’s 50-day moving average price is $50.29 and its two-hundred day moving average price is $50.42. VictoryShares Short-Term Bond ETF has a one year low of $49.29 and a one year high of $50.92.

VictoryShares Short-Term Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, February 10th. Shareholders of record on Friday, February 7th were paid a $0.1892 dividend. This is an increase from VictoryShares Short-Term Bond ETF’s previous dividend of $0.04. The ex-dividend date of this dividend was Friday, February 7th.

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.