Rooted Wealth Advisors Inc. Grows Stake in VictoryShares Short-Term Bond ETF $USTB

Rooted Wealth Advisors Inc. boosted its holdings in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 50.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 71,085 shares of the company’s stock after purchasing an additional 23,966 shares during the quarter. VictoryShares Short-Term Bond ETF comprises 0.9% of Rooted Wealth Advisors Inc.’s portfolio, making the stock its 28th biggest holding. Rooted Wealth Advisors Inc. owned 0.18% of VictoryShares Short-Term Bond ETF worth $3,601,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in USTB. Sunbelt Securities Inc. purchased a new stake in VictoryShares Short-Term Bond ETF during the 3rd quarter valued at approximately $30,000. JPMorgan Chase & Co. bought a new stake in shares of VictoryShares Short-Term Bond ETF during the third quarter valued at approximately $32,000. Global Retirement Partners LLC purchased a new position in shares of VictoryShares Short-Term Bond ETF in the fourth quarter worth $33,000. Aptus Capital Advisors LLC purchased a new position in shares of VictoryShares Short-Term Bond ETF in the third quarter worth $72,000. Finally, SHP Wealth Management bought a new position in shares of VictoryShares Short-Term Bond ETF during the fourth quarter worth $100,000.

VictoryShares Short-Term Bond ETF Stock Up 0.1%

USTB opened at $50.63 on Friday. The company has a fifty day moving average of $50.58 and a 200 day moving average of $50.74. VictoryShares Short-Term Bond ETF has a fifty-two week low of $50.40 and a fifty-two week high of $51.12.

VictoryShares Short-Term Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, June 9th were paid a dividend of $0.182 per share. The ex-dividend date of this dividend was Tuesday, June 9th. This represents a c) dividend on an annualized basis and a yield of 4.3%.

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.