Masso Torrence Wealth Management Inc. Acquires 15,021 Shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Masso Torrence Wealth Management Inc. lifted its holdings in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 16.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 104,757 shares of the company’s stock after buying an additional 15,021 shares during the quarter. VictoryShares Short-Term Bond ETF accounts for about 2.8% of Masso Torrence Wealth Management Inc.’s investment portfolio, making the stock its 12th largest holding. Masso Torrence Wealth Management Inc.’s holdings in VictoryShares Short-Term Bond ETF were worth $5,259,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Burt Wealth Advisors grew its holdings in shares of VictoryShares Short-Term Bond ETF by 5.3% during the 3rd quarter. Burt Wealth Advisors now owns 7,010 shares of the company’s stock worth $356,000 after acquiring an additional 350 shares during the period. Orion Portfolio Solutions LLC lifted its position in VictoryShares Short-Term Bond ETF by 1.1% during the third quarter. Orion Portfolio Solutions LLC now owns 36,845 shares of the company’s stock valued at $1,872,000 after buying an additional 401 shares during the period. Comprehensive Wealth Management LLC boosted its holdings in shares of VictoryShares Short-Term Bond ETF by 6.9% during the 3rd quarter. Comprehensive Wealth Management LLC now owns 11,883 shares of the company’s stock valued at $604,000 after buying an additional 762 shares in the last quarter. Aspire Wealth Management Corp grew its position in shares of VictoryShares Short-Term Bond ETF by 11.4% in the 3rd quarter. Aspire Wealth Management Corp now owns 8,757 shares of the company’s stock worth $445,000 after buying an additional 897 shares during the period. Finally, Toth Financial Advisory Corp increased its stake in shares of VictoryShares Short-Term Bond ETF by 0.7% in the 4th quarter. Toth Financial Advisory Corp now owns 164,787 shares of the company’s stock worth $8,272,000 after acquiring an additional 1,202 shares in the last quarter.

VictoryShares Short-Term Bond ETF Price Performance

Shares of NASDAQ USTB opened at $50.42 on Wednesday. VictoryShares Short-Term Bond ETF has a 1 year low of $49.29 and a 1 year high of $50.92. The firm has a 50-day moving average of $50.27 and a 200 day moving average of $50.40.

VictoryShares Short-Term Bond ETF Cuts Dividend

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

VictoryShares Short-Term Bond ETF 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.