Redhawk Wealth Advisors Inc. Trims Position in VictoryShares Short-Term Bond ETF $USTB

Redhawk Wealth Advisors Inc. trimmed its holdings in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 36.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 240,339 shares of the company’s stock after selling 138,413 shares during the period. VictoryShares Short-Term Bond ETF makes up about 1.4% of Redhawk Wealth Advisors Inc.’s portfolio, making the stock its 13th biggest position. Redhawk Wealth Advisors Inc. owned about 0.70% of VictoryShares Short-Term Bond ETF worth $12,219,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Commonwealth Equity Services LLC raised its holdings in shares of VictoryShares Short-Term Bond ETF by 12.8% during the third quarter. Commonwealth Equity Services LLC now owns 224,882 shares of the company’s stock worth $11,467,000 after purchasing an additional 25,602 shares during the last quarter. Maridea Wealth Management LLC lifted its position in VictoryShares Short-Term Bond ETF by 721.6% during the fourth quarter. Maridea Wealth Management LLC now owns 48,629 shares of the company’s stock valued at $2,472,000 after purchasing an additional 42,710 shares during the period. ERn Financial LLC boosted its holdings in VictoryShares Short-Term Bond ETF by 6.9% in the third quarter. ERn Financial LLC now owns 301,014 shares of the company’s stock valued at $15,349,000 after purchasing an additional 19,442 shares during the last quarter. Thrivent Financial for Lutherans purchased a new stake in VictoryShares Short-Term Bond ETF in the third quarter valued at $4,343,000. Finally, Marquette Asset Management LLC grew its position in VictoryShares Short-Term Bond ETF by 2.1% during the 3rd quarter. Marquette Asset Management LLC now owns 523,530 shares of the company’s stock worth $26,695,000 after purchasing an additional 10,806 shares during the period.

VictoryShares Short-Term Bond ETF Trading Up 0.1%

NASDAQ USTB opened at $50.53 on Friday. The stock has a 50-day simple moving average of $50.88 and a two-hundred day simple moving average of $50.90. VictoryShares Short-Term Bond ETF has a fifty-two week low of $50.10 and a fifty-two week high of $51.12.

VictoryShares Short-Term Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, March 11th. Investors of record on Tuesday, March 10th were issued a dividend of $0.1896 per share. This represents a c) annualized dividend and a yield of 4.5%. This is a positive change from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend was Tuesday, March 10th.

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.