Fifth Third Bancorp Increases Stock Position in VictoryShares Short-Term Bond ETF $USTB

Fifth Third Bancorp increased its holdings in shares of VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 414.3% during the first quarter, Holdings Channel.com reports. The firm owned 19,696 shares of the company’s stock after buying an additional 15,866 shares during the period. Fifth Third Bancorp’s holdings in VictoryShares Short-Term Bond ETF were worth $996,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Farther Finance Advisors LLC bought a new stake in VictoryShares Short-Term Bond ETF during the 4th quarter valued at $7,580,000. Merit Financial Group LLC raised its position in shares of VictoryShares Short-Term Bond ETF by 6.9% in the 4th quarter. Merit Financial Group LLC now owns 2,598,695 shares of the company’s stock worth $132,118,000 after acquiring an additional 167,898 shares in the last quarter. ERn Financial LLC lifted its stake in shares of VictoryShares Short-Term Bond ETF by 4.7% during the 4th quarter. ERn Financial LLC now owns 315,306 shares of the company’s stock worth $16,030,000 after purchasing an additional 14,292 shares during the last quarter. 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. Finally, Stonebridge Financial Group LLC lifted its stake in shares of VictoryShares Short-Term Bond ETF by 10.0% during the 4th quarter. Stonebridge Financial Group LLC now owns 761,559 shares of the company’s stock worth $38,718,000 after purchasing an additional 69,053 shares during the last quarter.

VictoryShares Short-Term Bond ETF Stock Performance

USTB opened at $50.39 on Monday. The business’s 50-day moving average is $50.54 and its two-hundred day moving average is $50.70. VictoryShares Short-Term Bond ETF has a 1 year low of $50.34 and a 1 year high of $51.12.

VictoryShares Short-Term Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 10th. Investors of record on Thursday, July 9th were given a $0.2031 dividend. This represents a c) annualized dividend and a dividend yield of 4.8%. The ex-dividend date of this dividend was Thursday, July 9th. This is an increase from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.18.

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.