VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Declares Dividend Increase – $0.36 Per Share

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) declared a monthly dividend on Wednesday, December 10th. Shareholders of record on Thursday, December 11th will be paid a dividend of 0.3625 per share on Friday, December 12th. This represents a c) annualized dividend and a yield of 8.6%. The ex-dividend date of this dividend is Thursday, December 11th. This is a 96.6% increase from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.18.

VictoryShares Short-Term Bond ETF Trading Down 0.5%

USTB stock opened at $50.69 on Thursday. VictoryShares Short-Term Bond ETF has a twelve month low of $50.02 and a twelve month high of $51.12. The business’s fifty day simple moving average is $50.94 and its two-hundred day simple moving average is $50.82.

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.