REDW Wealth Invests $3M in USTB ETF

REDW Wealth significantly increased its investment in the VictoryShares Short-Term Bond ETF (USTB) by nearly $3 million, acquiring 57,389 shares. This move boosted their stake to $6.1 million, making USTB a 2.43% part of their $13 million portfolio. USTB offers a 4.6% yield and a 5% one-year total return, focusing on short-term corporate and Treasury bonds. This investment strategy indicates REDWs pursuit of steady income with minimal rate risks. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/bacf3b87f54764bc