Vanguard Ultra-Short Bond ETF $VUSB is SpringVest Wealth Management LLC’s 4th Largest Position

SpringVest Wealth Management LLC lifted its holdings in Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 9.6% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 208,889 shares of the company’s stock after purchasing an additional 18,378 shares during the period. Vanguard Ultra-Short Bond ETF comprises approximately 7.7% of SpringVest Wealth Management LLC’s holdings, making the stock its 4th biggest position. SpringVest Wealth Management LLC’s holdings in Vanguard Ultra-Short Bond ETF were worth $10,443,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Front Row Advisors LLC purchased a new position in shares of Vanguard Ultra-Short Bond ETF during the 2nd quarter valued at about $30,000. Westfuller Advisors LLC bought a new stake in Vanguard Ultra-Short Bond ETF during the 3rd quarter worth approximately $50,000. Avalon Trust Co purchased a new position in Vanguard Ultra-Short Bond ETF during the second quarter valued at approximately $50,000. Halbert Hargrove Global Advisors LLC purchased a new position in Vanguard Ultra-Short Bond ETF during the third quarter valued at approximately $80,000. Finally, Chandler Asset Management Inc. bought a new position in shares of Vanguard Ultra-Short Bond ETF in the second quarter worth approximately $108,000.

Vanguard Ultra-Short Bond ETF Stock Performance

Shares of VUSB stock opened at $49.84 on Wednesday. Vanguard Ultra-Short Bond ETF has a one year low of $49.43 and a one year high of $49.98. The company’s fifty day moving average price is $49.88 and its 200-day moving average price is $49.88.

Vanguard Ultra-Short Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd will be issued a dividend of $0.1821 per share. This is a boost from Vanguard Ultra-Short Bond ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.4%.

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.