Redhawk Wealth Advisors Inc. Acquires 11,497 Shares of VictoryShares Short-Term Bond ETF $USTB

Redhawk Wealth Advisors Inc. lifted its holdings in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 4.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 276,282 shares of the company’s stock after purchasing an additional 11,497 shares during the period. VictoryShares Short-Term Bond ETF accounts for about 1.4% of Redhawk Wealth Advisors Inc.’s investment portfolio, making the stock its 14th biggest holding. Redhawk Wealth Advisors Inc. owned approximately 0.63% of VictoryShares Short-Term Bond ETF worth $13,985,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. StoneX Group Inc. raised its holdings in VictoryShares Short-Term Bond ETF by 3.8% during the fourth quarter. StoneX Group Inc. now owns 5,827 shares of the company’s stock valued at $296,000 after buying an additional 212 shares in the last quarter. Intrua Financial LLC boosted its stake in shares of VictoryShares Short-Term Bond ETF by 2.3% during the 4th quarter. Intrua Financial LLC now owns 9,653 shares of the company’s stock worth $491,000 after acquiring an additional 214 shares in the last quarter. M.E. Allison & CO. Inc. boosted its stake in shares of VictoryShares Short-Term Bond ETF by 2.2% during the 2nd quarter. M.E. Allison & CO. Inc. now owns 11,514 shares of the company’s stock worth $583,000 after acquiring an additional 245 shares in the last quarter. Advisory Services Network LLC increased its holdings in shares of VictoryShares Short-Term Bond ETF by 1.4% during the 4th quarter. Advisory Services Network LLC now owns 23,176 shares of the company’s stock valued at $1,178,000 after acquiring an additional 318 shares during the last quarter. Finally, Midwest Capital Advisors LLC increased its holdings in shares of VictoryShares Short-Term Bond ETF by 0.4% during the 4th quarter. Midwest Capital Advisors LLC now owns 104,147 shares of the company’s stock valued at $5,295,000 after acquiring an additional 399 shares during the last quarter.

VictoryShares Short-Term Bond ETF Price Performance

Shares of USTB stock opened at $50.36 on Tuesday. The stock’s 50 day simple moving average is $50.52 and its 200 day simple moving average is $50.67. VictoryShares Short-Term Bond ETF has a twelve month low of $50.31 and a twelve month high of $51.12.

VictoryShares Short-Term Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, August 10th. Stockholders of record on Friday, August 7th were given a $0.1723 dividend. The ex-dividend date of this dividend was Friday, August 7th. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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.