Midwest Capital Advisors LLC Buys New Shares in VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Midwest Capital Advisors LLC bought 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 and Exchange Commission (SEC). The firm bought 92,015 shares of the company’s stock, valued at approximately $4,619,000. VictoryShares Short-Term Bond ETF accounts for approximately 3.4% of Midwest Capital Advisors LLC’s holdings, making the stock its 8th largest position. Midwest Capital Advisors LLC owned about 0.49% of VictoryShares Short-Term Bond ETF at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Janney Montgomery Scott LLC acquired a new position in VictoryShares Short-Term Bond ETF in the fourth quarter worth about $294,000. Fifth Third Bancorp acquired a new position in VictoryShares Short-Term Bond ETF in the fourth quarter worth about $155,000. Stifel Financial Corp raised its position in VictoryShares Short-Term Bond ETF by 8.9% in the third quarter. Stifel Financial Corp now owns 51,451 shares of the company’s stock worth $2,614,000 after purchasing an additional 4,192 shares in the last quarter. Orion Portfolio Solutions LLC raised its position in VictoryShares Short-Term Bond ETF by 1.1% in the third quarter. Orion Portfolio Solutions LLC now owns 36,845 shares of the company’s stock worth $1,872,000 after purchasing an additional 401 shares in the last quarter. Finally, Atria Wealth Solutions Inc. raised its position in VictoryShares Short-Term Bond ETF by 8.6% in the fourth quarter. Atria Wealth Solutions Inc. now owns 51,099 shares of the company’s stock worth $2,565,000 after purchasing an additional 4,066 shares in the last quarter.

VictoryShares Short-Term Bond ETF Price Performance

NASDAQ:USTB opened at $50.46 on Monday. VictoryShares Short-Term Bond ETF has a 12-month low of $49.29 and a 12-month high of $50.92. The firm has a 50-day moving average price of $50.27 and a 200 day moving average price of $50.42.

VictoryShares Short-Term Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, February 10th. Investors of record on Friday, February 7th were given a $0.1892 dividend. The ex-dividend date 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 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.