Amplius Wealth Advisors LLC Buys 90,135 Shares of VictoryShares Short-Term Bond ETF $USTB

Amplius Wealth Advisors LLC raised its stake in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 13.4% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 762,893 shares of the company’s stock after buying an additional 90,135 shares during the period. VictoryShares Short-Term Bond ETF comprises about 3.4% of Amplius Wealth Advisors LLC’s portfolio, making the stock its 9th largest holding. Amplius Wealth Advisors LLC’s holdings in VictoryShares Short-Term Bond ETF were worth $38,900,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently modified their holdings of the stock. Parallel Advisors LLC purchased a new position in shares of VictoryShares Short-Term Bond ETF during the 2nd quarter valued at approximately $202,000. Adapt Wealth Advisors LLC grew its position in VictoryShares Short-Term Bond ETF by 6.3% during the second quarter. Adapt Wealth Advisors LLC now owns 168,943 shares of the company’s stock valued at $8,586,000 after buying an additional 9,978 shares during the period. Janney Montgomery Scott LLC increased its holdings in VictoryShares Short-Term Bond ETF by 86.5% in the second quarter. Janney Montgomery Scott LLC now owns 20,193 shares of the company’s stock valued at $1,026,000 after buying an additional 9,364 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of VictoryShares Short-Term Bond ETF by 17.5% in the second quarter. Envestnet Asset Management Inc. now owns 48,449 shares of the company’s stock worth $2,462,000 after acquiring an additional 7,223 shares during the period. Finally, Stonebridge Financial Group LLC raised its position in shares of VictoryShares Short-Term Bond ETF by 121.1% in the second quarter. Stonebridge Financial Group LLC now owns 550,995 shares of the company’s stock worth $28,002,000 after acquiring an additional 301,786 shares during the period.

VictoryShares Short-Term Bond ETF Price Performance

USTB stock opened at $50.84 on Friday. VictoryShares Short-Term Bond ETF has a 52-week low of $50.06 and a 52-week high of $51.12. The company’s 50-day simple moving average is $50.88 and its 200-day simple moving average is $50.84.

VictoryShares Short-Term Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, December 12th. Shareholders of record on Thursday, December 11th were issued a $0.3625 dividend. The ex-dividend date of this dividend was Thursday, December 11th. This is an increase from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.18. This represents a c) annualized dividend and a yield of 8.6%.

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.