Octavia Wealth Advisors LLC Grows Position in VictoryShares Short-Term Bond ETF (NASDAQ:USTB)

Octavia Wealth Advisors LLC lifted its stake in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) by 37.9% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,985 shares of the company’s stock after buying an additional 1,645 shares during the quarter. Octavia Wealth Advisors LLC’s holdings in VictoryShares Short-Term Bond ETF were worth $300,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Stifel Financial Corp increased its position in VictoryShares Short-Term Bond ETF by 8.9% in the third quarter. Stifel Financial Corp now owns 51,451 shares of the company’s stock worth $2,614,000 after purchasing an additional 4,192 shares during the last quarter. Orion Portfolio Solutions LLC increased its position in VictoryShares Short-Term Bond ETF by 1.1% in the third quarter. Orion Portfolio Solutions LLC now owns 36,845 shares of the company’s stock worth $1,872,000 after purchasing an additional 401 shares during the last quarter. Redhawk Wealth Advisors Inc. increased its position in VictoryShares Short-Term Bond ETF by 1.5% in the third quarter. Redhawk Wealth Advisors Inc. now owns 160,406 shares of the company’s stock worth $8,150,000 after purchasing an additional 2,346 shares during the last quarter. Concourse Financial Group Securities Inc. increased its position in VictoryShares Short-Term Bond ETF by 28.7% in the third quarter. Concourse Financial Group Securities Inc. now owns 26,467 shares of the company’s stock worth $1,345,000 after purchasing an additional 5,902 shares during the last quarter. Finally, Certified Advisory Corp increased its position in VictoryShares Short-Term Bond ETF by 36.8% in the second quarter. Certified Advisory Corp now owns 22,321 shares of the company’s stock worth $1,112,000 after purchasing an additional 6,000 shares during the last quarter.

VictoryShares Short-Term Bond ETF Trading Up 0.1 %

USTB stock opened at $50.31 on Wednesday. VictoryShares Short-Term Bond ETF has a twelve month low of $49.29 and a twelve month high of $50.92. The firm’s fifty day simple moving average is $50.26 and its two-hundred day simple moving average is $50.38.

VictoryShares Short-Term Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, January 9th. Shareholders of record on Wednesday, January 8th were given a dividend of $0.0439 per share. The ex-dividend date of this dividend was Wednesday, January 8th.

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.