Marquette Asset Management LLC Has $26.70 Million Stake in VictoryShares Short-Term Bond ETF $USTB

Marquette Asset Management LLC lifted its holdings in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 2.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 523,530 shares of the company’s stock after purchasing an additional 10,806 shares during the quarter. VictoryShares Short-Term Bond ETF accounts for approximately 4.1% of Marquette Asset Management LLC’s portfolio, making the stock its 9th largest position. Marquette Asset Management LLC owned about 1.62% of VictoryShares Short-Term Bond ETF worth $26,695,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of USTB. Private Trust Co. NA grew its stake in VictoryShares Short-Term Bond ETF by 25.5% in the 3rd quarter. Private Trust Co. NA now owns 1,454 shares of the company’s stock worth $74,000 after buying an additional 295 shares in the last quarter. Parallel Advisors LLC purchased a new stake in shares of VictoryShares Short-Term Bond ETF during the 2nd quarter valued at $202,000. American Trust purchased a new position in VictoryShares Short-Term Bond ETF in the second quarter worth $203,000. Private Client Services LLC purchased a new position in VictoryShares Short-Term Bond ETF in the third quarter worth $247,000. Finally, True North Advisors LLC bought a new position in VictoryShares Short-Term Bond ETF in the third quarter valued at $259,000.

VictoryShares Short-Term Bond ETF Stock Performance

NASDAQ USTB opened at $50.85 on Monday. The stock’s 50-day simple moving average is $50.87 and its two-hundred day simple moving average is $50.86. VictoryShares Short-Term Bond ETF has a twelve month low of $50.06 and a twelve month high of $51.12.

VictoryShares Short-Term Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, January 9th. Investors of record on Thursday, January 8th were issued a dividend of $0.0341 per share. This represents a c) dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Thursday, January 8th.

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.