Merit Financial Group LLC Purchases 167,898 Shares of VictoryShares Short-Term Bond ETF $USTB

Merit Financial Group LLC increased its position in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 6.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 2,598,695 shares of the company’s stock after buying an additional 167,898 shares during the period. VictoryShares Short-Term Bond ETF comprises approximately 1.1% of Merit Financial Group LLC’s holdings, making the stock its 18th largest position. Merit Financial Group LLC owned 7.12% of VictoryShares Short-Term Bond ETF worth $132,118,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of USTB. Royal Bank of Canada boosted its holdings in VictoryShares Short-Term Bond ETF by 24.2% in the 1st quarter. Royal Bank of Canada now owns 180,245 shares of the company’s stock worth $9,129,000 after buying an additional 35,065 shares during the period. Jane Street Group LLC boosted its holdings in VictoryShares Short-Term Bond ETF by 261.8% in the 1st quarter. Jane Street Group LLC now owns 72,121 shares of the company’s stock worth $3,653,000 after buying an additional 52,185 shares during the period. Raymond James Financial Inc. boosted its holdings in VictoryShares Short-Term Bond ETF by 8.9% in the 2nd quarter. Raymond James Financial Inc. now owns 391,357 shares of the company’s stock worth $19,889,000 after buying an additional 32,129 shares during the period. Bank of America Corp DE boosted its holdings in VictoryShares Short-Term Bond ETF by 31.6% in the 2nd quarter. Bank of America Corp DE now owns 1,302,472 shares of the company’s stock worth $66,192,000 after buying an additional 312,543 shares during the period. Finally, IHT Wealth Management LLC boosted its holdings in VictoryShares Short-Term Bond ETF by 5.1% in the 2nd quarter. IHT Wealth Management LLC now owns 10,299 shares of the company’s stock worth $523,000 after buying an additional 500 shares during the period.

VictoryShares Short-Term Bond ETF Stock Up 0.0%

Shares of VictoryShares Short-Term Bond ETF stock opened at $50.58 on Friday. The company has a fifty day moving average of $50.78 and a 200 day moving average of $50.86. VictoryShares Short-Term Bond ETF has a fifty-two week low of $50.27 and a fifty-two week high of $51.12.

VictoryShares Short-Term Bond ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, April 10th. Investors of record on Thursday, April 9th were issued a $0.201 dividend. The ex-dividend date of this dividend was Thursday, April 9th.

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.