Orion Portfolio Solutions LLC Has $2.10 Million Stock Holdings in VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Orion Portfolio Solutions LLC increased its position in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 13.5% during the fourth quarter, Holdings Channel reports. The firm owned 41,801 shares of the company’s stock after buying an additional 4,956 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in VictoryShares Short-Term Bond ETF were worth $2,098,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Fifth Third Bancorp bought a new position in shares of VictoryShares Short-Term Bond ETF during the 4th quarter worth approximately $155,000. Axis Wealth Partners LLC bought a new position in VictoryShares Short-Term Bond ETF during the fourth quarter worth $205,000. Avantax Advisory Services Inc. increased its holdings in shares of VictoryShares Short-Term Bond ETF by 11.5% in the fourth quarter. Avantax Advisory Services Inc. now owns 4,773 shares of the company’s stock valued at $240,000 after purchasing an additional 492 shares during the last quarter. Janney Montgomery Scott LLC bought a new position in shares of VictoryShares Short-Term Bond ETF in the fourth quarter valued at about $294,000. Finally, Octavia Wealth Advisors LLC lifted its stake in shares of VictoryShares Short-Term Bond ETF by 37.9% during the 4th quarter. Octavia Wealth Advisors LLC now owns 5,985 shares of the company’s stock worth $300,000 after buying an additional 1,645 shares during the last quarter.

VictoryShares Short-Term Bond ETF Stock Performance

Shares of USTB stock opened at $50.63 on Thursday. VictoryShares Short-Term Bond ETF has a 12-month low of $49.29 and a 12-month high of $50.92. The firm has a 50 day moving average price of $50.49 and a two-hundred day moving average price of $50.43.

VictoryShares Short-Term Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, March 11th. Stockholders of record on Monday, March 10th were given a $0.193 dividend. The ex-dividend date was Monday, March 10th. This is a boost from VictoryShares Short-Term Bond ETF’s previous dividend of $0.19.

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.