Raymond James Financial Inc. Takes $15.97 Million Position in VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Raymond James Financial Inc. acquired a new stake in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 318,054 shares of the company’s stock, valued at approximately $15,966,000. Raymond James Financial Inc. owned 1.66% of VictoryShares Short-Term Bond ETF as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Burt Wealth Advisors grew its stake in shares of VictoryShares Short-Term Bond ETF by 2.9% during the 4th quarter. Burt Wealth Advisors now owns 7,215 shares of the company’s stock valued at $362,000 after buying an additional 205 shares during the period. Orion Portfolio Solutions LLC boosted its position in VictoryShares Short-Term Bond ETF by 1.1% during the 3rd 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 during the period. Swmg LLC boosted its position in VictoryShares Short-Term Bond ETF by 6.7% during the 4th quarter. Swmg LLC now owns 16,292 shares of the company’s stock worth $819,000 after purchasing an additional 1,026 shares during the period. Toth Financial Advisory Corp boosted its position in VictoryShares Short-Term Bond ETF by 0.7% during the 4th quarter. Toth Financial Advisory Corp now owns 164,787 shares of the company’s stock worth $8,272,000 after purchasing an additional 1,202 shares during the period. Finally, MONECO Advisors LLC boosted its position in VictoryShares Short-Term Bond ETF by 9.7% during the 4th quarter. MONECO Advisors LLC now owns 17,336 shares of the company’s stock worth $870,000 after purchasing an additional 1,533 shares during the period.

VictoryShares Short-Term Bond ETF Stock Up 0.1 %

Shares of VictoryShares Short-Term Bond ETF stock opened at $50.48 on Wednesday. The company has a fifty day moving average price of $50.41 and a 200 day moving average price of $50.44. 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 Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, March 11th. Investors of record on Monday, March 10th were given a dividend of $0.193 per share. This is a boost from VictoryShares Short-Term Bond ETF’s previous dividend of $0.19. The ex-dividend date was Monday, March 10th.

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.