Thrivent Financial for Lutherans Makes New Investment in VictoryShares Short-Term Bond ETF $USTB

Thrivent Financial for Lutherans bought a new position in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 85,180 shares of the company’s stock, valued at approximately $4,343,000.

A number of other institutional investors have also made changes to their positions in the business. Private Trust Co. NA lifted its position in VictoryShares Short-Term Bond ETF by 25.5% during the 3rd quarter. Private Trust Co. NA now owns 1,454 shares of the company’s stock worth $74,000 after buying an additional 295 shares in the last quarter. Cullen Frost Bankers Inc. bought a new position in shares of VictoryShares Short-Term Bond ETF in the third quarter worth about $143,000. American Trust acquired a new position in shares of VictoryShares Short-Term Bond ETF during the second quarter worth approximately $203,000. OneAscent Family Office LLC bought a new stake in shares of VictoryShares Short-Term Bond ETF during the third quarter valued at approximately $229,000. Finally, Private Client Services LLC bought a new stake in shares of VictoryShares Short-Term Bond ETF during the third quarter valued at approximately $247,000.

VictoryShares Short-Term Bond ETF Stock Performance

USTB stock opened at $51.05 on Friday. The company has a 50 day moving average price of $50.88 and a 200 day moving average price of $50.89. VictoryShares Short-Term Bond ETF has a fifty-two week low of $50.10 and a fifty-two week high of $51.12.

VictoryShares Short-Term Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 9th. Stockholders of record on Thursday, January 8th were given a dividend of $0.0341 per share. The ex-dividend date was Thursday, January 8th. This represents a c) dividend on an annualized basis and a dividend yield of 0.8%.

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.