Vanguard Ultra-Short Bond ETF (BATS:VUSB) Sets New 52-Week Low – Time to Sell?

Vanguard Ultra-Short Bond ETF (BATS:VUSB) hit a new 52-week low during trading on Tuesday . The company traded as low as $49.58 and last traded at $49.59, with a volume of 111338 shares changing hands. The stock had previously closed at $49.75.

Vanguard Ultra-Short Bond ETF Trading Down 0.3%

The stock’s 50-day simple moving average is $49.70 and its two-hundred day simple moving average is $49.74.

Hedge Funds Weigh In On Vanguard Ultra-Short Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Kingdom Financial Group LLC. bought a new stake in Vanguard Ultra-Short Bond ETF in the 4th quarter valued at $27,000. Safe Harbor Fiduciary LLC acquired a new stake in Vanguard Ultra-Short Bond ETF in the 4th quarter valued at about $29,000. Triumph Capital Management bought a new position in Vanguard Ultra-Short Bond ETF in the 3rd quarter worth approximately $30,000. Cassaday & Co Wealth Management LLC bought a new stake in shares of Vanguard Ultra-Short Bond ETF during the first quarter worth $32,000. Finally, NBH Bank acquired a new position in Vanguard Ultra-Short Bond ETF in the second quarter valued at approximately $37,000.

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.