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

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) shares saw an uptick in trading volume on Tuesday . 58,841 shares were traded during trading, a decline of 25% from the previous session’s volume of 78,285 shares.The stock last traded at $50.09 and had previously closed at $50.07.

VictoryShares Short-Term Bond ETF Trading Up 0.0 %

The firm has a fifty day simple moving average of $50.35 and a 200-day simple moving average of $50.33.

VictoryShares Short-Term Bond ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 13th. Shareholders of record on Thursday, December 12th were paid a $0.3598 dividend. The ex-dividend date was Thursday, December 12th.

Hedge Funds Weigh In On VictoryShares Short-Term Bond ETF

Hedge funds have recently bought and sold shares of the company. Fortitude Family Office LLC bought a new position in shares of VictoryShares Short-Term Bond ETF in the third quarter worth about $91,000. Octavia Wealth Advisors LLC bought a new stake in VictoryShares Short-Term Bond ETF during the 3rd quarter worth approximately $221,000. Burt Wealth Advisors grew its holdings in VictoryShares Short-Term Bond ETF by 5.3% during the 3rd quarter. Burt Wealth Advisors now owns 7,010 shares of the company’s stock worth $356,000 after acquiring an additional 350 shares during the last quarter. Private Client Services LLC acquired a new position in VictoryShares Short-Term Bond ETF in the 3rd quarter valued at approximately $404,000. Finally, Squire Investment Management Company LLC bought a new position in shares of VictoryShares Short-Term Bond ETF during the third quarter valued at $431,000.

About VictoryShares Short-Term Bond ETF

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.