VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Sees Unusually-High Trading Volume – Still a Buy?

VictoryShares Short-Term Bond ETF (NASDAQ:USTBGet Free Report) shares saw strong trading volume on Thursday . 75,761 shares were traded during trading, a decline of 14% from the previous session’s volume of 88,288 shares.The stock last traded at $50.28 and had previously closed at $50.30.

VictoryShares Short-Term Bond ETF Stock Performance

The firm’s fifty day simple moving average is $50.27 and its 200-day simple moving average is $50.39.

VictoryShares Short-Term Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, January 8th were issued a $0.0439 dividend. The ex-dividend date of this dividend was Wednesday, January 8th.

Institutional Trading of VictoryShares Short-Term Bond ETF

A number of large investors have recently bought and sold shares of the business. Fortitude Family Office LLC acquired a new position in shares of VictoryShares Short-Term Bond ETF in the 3rd quarter valued at about $91,000. Fifth Third Bancorp bought a new stake in VictoryShares Short-Term Bond ETF in the fourth quarter worth approximately $155,000. Octavia Wealth Advisors LLC acquired a new position in VictoryShares Short-Term Bond ETF in the third quarter valued at approximately $221,000. Janney Montgomery Scott LLC bought a new position in shares of VictoryShares Short-Term Bond ETF during the 4th quarter worth approximately $294,000. Finally, Greenup Street Wealth Management LLC bought a new position in shares of VictoryShares Short-Term Bond ETF during the 4th quarter worth approximately $305,000.

VictoryShares Short-Term Bond ETF Company Profile

(Get Free Report)

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.

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