Trademark Financial Management LLC Sells 6,715 Shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Trademark Financial Management LLC lowered its stake in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 33.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,476 shares of the company’s stock after selling 6,715 shares during the quarter. Trademark Financial Management LLC owned 0.07% of VictoryShares Short-Term Bond ETF worth $677,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Squire Investment Management Company LLC raised its position in shares of VictoryShares Short-Term Bond ETF by 44.9% during the fourth quarter. Squire Investment Management Company LLC now owns 12,303 shares of the company’s stock worth $618,000 after purchasing an additional 3,814 shares during the period. Kingsview Wealth Management LLC acquired a new position in VictoryShares Short-Term Bond ETF during the fourth quarter worth $2,203,000. Darrow Company Inc. lifted its stake in shares of VictoryShares Short-Term Bond ETF by 10.2% in the fourth quarter. Darrow Company Inc. now owns 62,792 shares of the company’s stock valued at $3,152,000 after buying an additional 5,791 shares in the last quarter. Silver Oak Securities Incorporated bought a new position in shares of VictoryShares Short-Term Bond ETF in the fourth quarter valued at $1,440,000. Finally, Swmg LLC grew its holdings in shares of VictoryShares Short-Term Bond ETF by 6.7% during the fourth quarter. Swmg LLC now owns 16,292 shares of the company’s stock valued at $819,000 after buying an additional 1,026 shares during the last quarter.

VictoryShares Short-Term Bond ETF Stock Performance

USTB opened at $50.36 on Friday. VictoryShares Short-Term Bond ETF has a fifty-two week low of $49.29 and a fifty-two week high of $50.92. The company’s 50-day moving average is $50.27 and its 200 day moving average is $50.42.

VictoryShares Short-Term Bond ETF Increases Dividend

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

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.