Swmg LLC Increases Stake in VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Swmg LLC increased its holdings in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 6.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,292 shares of the company’s stock after acquiring an additional 1,026 shares during the quarter. Swmg LLC owned approximately 0.09% of VictoryShares Short-Term Bond ETF worth $819,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in USTB. Fortitude Family Office LLC acquired a new position in shares of VictoryShares Short-Term Bond ETF during the third quarter valued at about $91,000. Fifth Third Bancorp acquired a new position in shares of VictoryShares Short-Term Bond ETF in the 4th quarter valued at about $155,000. Octavia Wealth Advisors LLC purchased a new position in shares of VictoryShares Short-Term Bond ETF during the 3rd quarter valued at approximately $221,000. Janney Montgomery Scott LLC acquired a new position in shares of VictoryShares Short-Term Bond ETF in the fourth quarter worth about $294,000. Finally, Greenup Street Wealth Management LLC acquired a new stake in VictoryShares Short-Term Bond ETF in the fourth quarter valued at approximately $305,000.

VictoryShares Short-Term Bond ETF Stock Down 0.0 %

Shares of VictoryShares Short-Term Bond ETF stock opened at $50.45 on Friday. The firm’s 50-day moving average price is $50.28 and its 200 day moving average price is $50.40. VictoryShares Short-Term Bond ETF has a twelve month low of $49.29 and a twelve month high of $50.92.

VictoryShares Short-Term Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, January 9th. Stockholders of record on Wednesday, January 8th were given a dividend of $0.0439 per share. The ex-dividend date of this dividend was Wednesday, January 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.