Kirkwood Financial Services Takes Position in VictoryShares Short-Term Bond ETF $USTB

Kirkwood Financial Services purchased a new position in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 258,893 shares of the company’s stock, valued at approximately $13,118,000. VictoryShares Short-Term Bond ETF accounts for approximately 3.7% of Kirkwood Financial Services’ investment portfolio, making the stock its 9th largest holding. Kirkwood Financial Services owned about 0.56% of VictoryShares Short-Term Bond ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. HORAN Wealth LLC increased its holdings in shares of VictoryShares Short-Term Bond ETF by 19.8% in the 1st quarter. HORAN Wealth LLC now owns 262,376 shares of the company’s stock valued at $13,274,000 after acquiring an additional 43,338 shares during the period. Certified Advisory Corp lifted its stake in shares of VictoryShares Short-Term Bond ETF by 10.5% during the 1st quarter. Certified Advisory Corp now owns 231,971 shares of the company’s stock worth $11,733,000 after purchasing an additional 22,076 shares during the last quarter. Redhawk Wealth Advisors Inc. boosted its position in VictoryShares Short-Term Bond ETF by 4.3% during the second quarter. Redhawk Wealth Advisors Inc. now owns 276,282 shares of the company’s stock valued at $13,985,000 after purchasing an additional 11,497 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in VictoryShares Short-Term Bond ETF by 378.3% during the first 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, Marquette Asset Management LLC grew its stake in VictoryShares Short-Term Bond ETF by 4.8% in the second quarter. Marquette Asset Management LLC now owns 550,446 shares of the company’s stock valued at $27,864,000 after purchasing an additional 25,013 shares during the last quarter.

VictoryShares Short-Term Bond ETF Stock Performance

USTB opened at $50.45 on Monday. The business’s 50-day moving average is $50.48 and its two-hundred day moving average is $50.60. VictoryShares Short-Term Bond ETF has a 1 year low of $50.31 and a 1 year 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 issued a $0.1723 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Friday, August 7th.

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.