VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) saw unusually-high trading volume on Monday . Approximately 208,423 shares traded hands during trading, an increase of 192% from the previous session’s volume of 71,454 shares.The stock last traded at $50.20 and had previously closed at $50.26.

VictoryShares Short-Term Bond ETF Price Performance

The stock has a 50 day moving average price of $50.60 and a two-hundred day moving average price of $50.19.

VictoryShares Short-Term Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, November 7th were issued a $0.2103 dividend. This represents a $2.52 annualized dividend and a dividend yield of 5.02%. The ex-dividend date was Thursday, November 7th.

Institutional Trading of VictoryShares Short-Term Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of USTB. SageView Advisory Group LLC boosted its stake in shares of VictoryShares Short-Term Bond ETF by 47.6% during the first quarter. SageView Advisory Group LLC now owns 6,115 shares of the company’s stock valued at $305,000 after purchasing an additional 1,973 shares in the last quarter. Waverly Advisors LLC purchased a new position in shares of VictoryShares Short-Term Bond ETF in the 1st quarter worth about $11,970,000. Atria Investments Inc increased its stake in shares of VictoryShares Short-Term Bond ETF by 5.0% in the first quarter. Atria Investments Inc now owns 251,579 shares of the company’s stock worth $12,536,000 after buying an additional 11,972 shares during the period. Cetera Investment Advisers purchased a new stake in VictoryShares Short-Term Bond ETF in the first quarter worth about $1,910,000. Finally, Cetera Advisors LLC increased its holdings in shares of VictoryShares Short-Term Bond ETF by 357.1% during the first quarter. Cetera Advisors LLC now owns 37,725 shares of the company’s stock valued at $1,880,000 after acquiring an additional 29,472 shares in the last quarter.

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.