VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Sees Unusually-High Trading Volume

Shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) saw unusually-strong trading volume on Tuesday . Approximately 302,951 shares changed hands during mid-day trading, an increase of 394% from the previous session’s volume of 61,269 shares.The stock last traded at $49.38 and had previously closed at $49.42.

VictoryShares Short-Term Bond ETF Stock Down 0.1 %

The stock’s 50-day moving average price is $49.67 and its 200 day moving average price is $49.34.

VictoryShares Short-Term Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, April 12th were given a $0.2247 dividend. This represents a $2.70 dividend on an annualized basis and a dividend yield of 5.46%. The ex-dividend date was Thursday, April 11th.

Institutional Trading of VictoryShares Short-Term Bond ETF

A number of institutional investors have recently made changes to their positions in USTB. Concourse Financial Group Securities Inc. acquired a new position in VictoryShares Short-Term Bond ETF during the third quarter worth $38,000. UBS Group AG acquired a new position in VictoryShares Short-Term Bond ETF during the fourth quarter worth $41,000. Private Trust Co. NA acquired a new position in VictoryShares Short-Term Bond ETF during the fourth quarter worth $57,000. Creative Planning acquired a new position in VictoryShares Short-Term Bond ETF during the third quarter worth $109,000. Finally, Principal Securities Inc. acquired a new position in VictoryShares Short-Term Bond ETF during the fourth quarter worth $121,000.

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.