Global Wealth Management LLC Has $29.62 Million Stock Holdings in Vanguard Ultra-Short Bond ETF (BATS:VUSB)

Global Wealth Management LLC raised its position in shares of Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 119.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 594,103 shares of the company’s stock after purchasing an additional 323,979 shares during the period. Vanguard Ultra-Short Bond ETF comprises 17.1% of Global Wealth Management LLC’s portfolio, making the stock its biggest position. Global Wealth Management LLC owned 0.61% of Vanguard Ultra-Short Bond ETF worth $29,619,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Rialto Wealth Management LLC purchased a new stake in shares of Vanguard Ultra-Short Bond ETF during the 4th quarter worth $34,000. Bank of Jackson Hole Trust purchased a new stake in shares of Vanguard Ultra-Short Bond ETF during the 4th quarter worth $37,000. Cyrus J. Lawrence LLC purchased a new stake in shares of Vanguard Ultra-Short Bond ETF during the 4th quarter worth $42,000. NBC Securities Inc. purchased a new stake in shares of Vanguard Ultra-Short Bond ETF during the 1st quarter worth $42,000. Finally, Rothschild Investment LLC purchased a new stake in shares of Vanguard Ultra-Short Bond ETF during the 4th quarter worth $57,000.

Vanguard Ultra-Short Bond ETF Stock Performance

Shares of BATS VUSB opened at $49.62 on Friday. Vanguard Ultra-Short Bond ETF has a 1-year low of $49.29 and a 1-year high of $49.98. The business has a fifty day moving average price of $49.66 and a 200 day moving average price of $49.70.

About Vanguard Ultra-Short Bond ETF

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.