Vanguard Ultra-Short Bond ETF (BATS:VUSB) Position Reduced by Global Wealth Management LLC

Global Wealth Management LLC cut its holdings in shares of Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 6.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 270,124 shares of the company’s stock after selling 19,339 shares during the quarter. Vanguard Ultra-Short Bond ETF comprises approximately 8.6% of Global Wealth Management LLC’s holdings, making the stock its 5th biggest position. Global Wealth Management LLC’s holdings in Vanguard Ultra-Short Bond ETF were worth $13,404,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Ultra-Short Bond ETF by 9.2% in the third quarter. JPMorgan Chase & Co. now owns 18,913,851 shares of the company’s stock worth $944,558,000 after buying an additional 1,589,803 shares in the last quarter. Blue Trust Inc. boosted its position in shares of Vanguard Ultra-Short Bond ETF by 4.7% in the third quarter. Blue Trust Inc. now owns 1,548,986 shares of the company’s stock valued at $76,706,000 after acquiring an additional 69,352 shares during the period. Wharton Business Group LLC boosted its position in shares of Vanguard Ultra-Short Bond ETF by 1.4% in the third quarter. Wharton Business Group LLC now owns 1,480,684 shares of the company’s stock valued at $73,945,000 after acquiring an additional 20,605 shares during the period. Pacific Center for Financial Services boosted its position in shares of Vanguard Ultra-Short Bond ETF by 2.6% in the third quarter. Pacific Center for Financial Services now owns 797,536 shares of the company’s stock valued at $39,829,000 after acquiring an additional 20,412 shares during the period. Finally, Red Wave Investments LLC boosted its position in shares of Vanguard Ultra-Short Bond ETF by 22.6% in the third quarter. Red Wave Investments LLC now owns 563,216 shares of the company’s stock valued at $28,127,000 after acquiring an additional 103,930 shares during the period.

Vanguard Ultra-Short Bond ETF Price Performance

VUSB stock opened at $49.72 on Monday. The company has a 50 day moving average price of $49.68 and a 200 day moving average price of $49.70.

Vanguard Ultra-Short Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were given a $0.2084 dividend. The ex-dividend date was Friday, November 1st.

Vanguard Ultra-Short Bond ETF Company Profile

The Vanguard Ultra-Short Bond ETF (VUSB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively invests in investment grade securities while aiming to maintain a dollar-weighted average maturity of 0 to 2 years. VUSB was launched on Apr 5, 2021 and is managed by Vanguard.