Kintra Wealth LLC Boosts Stake in VictoryShares Short-Term Bond ETF $USTB

Kintra Wealth LLC boosted its stake in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 8.2% during the second quarter, HoldingsChannel reports. The firm owned 424,283 shares of the company’s stock after buying an additional 32,214 shares during the period. VictoryShares Short-Term Bond ETF comprises about 1.1% of Kintra Wealth LLC’s portfolio, making the stock its 23rd biggest holding. Kintra Wealth LLC’s holdings in VictoryShares Short-Term Bond ETF were worth $21,414,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Morgan Stanley raised its position in shares of VictoryShares Short-Term Bond ETF by 28.8% during the 4th quarter. Morgan Stanley now owns 2,173,526 shares of the company’s stock valued at $110,502,000 after buying an additional 486,138 shares in the last quarter. Bank of America Corp DE raised its stake in shares of VictoryShares Short-Term Bond ETF by 31.6% during the second quarter. Bank of America Corp DE now owns 1,302,472 shares of the company’s stock worth $66,192,000 after acquiring an additional 312,543 shares in the last quarter. BlueStem Wealth Partners LLC bought a new stake in shares of VictoryShares Short-Term Bond ETF in the 4th quarter worth approximately $10,651,000. Janney Montgomery Scott LLC boosted its stake in shares of VictoryShares Short-Term Bond ETF by 378.3% in the 1st quarter. Janney Montgomery Scott LLC now owns 263,995 shares of the company’s stock valued at $13,353,000 after purchasing an additional 208,804 shares in the last quarter. Finally, Winter & Associates Inc. bought a new position in shares of VictoryShares Short-Term Bond ETF during the 4th quarter valued at $6,733,000.

VictoryShares Short-Term Bond ETF Price Performance

VictoryShares Short-Term Bond ETF stock opened at $50.45 on Friday. The firm has a fifty day simple moving average of $50.48 and a two-hundred day simple moving average of $50.60. 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 business also recently announced a monthly dividend, which was paid on Monday, August 10th. Investors of record on Friday, August 7th were issued a dividend of $0.1723 per share. The ex-dividend date was Friday, August 7th. This represents a c) annualized dividend and a yield of 4.1%.

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.