Vanguard Ultra-Short Bond ETF (BATS:VUSB) Sets New 12-Month Low – What’s Next?

Vanguard Ultra-Short Bond ETF (BATS:VUSB)’s stock price reached a new 52-week low on Monday . The company traded as low as $49.54 and last traded at $49.5450, with a volume of 117733 shares trading hands. The stock had previously closed at $49.55.

Vanguard Ultra-Short Bond ETF Stock Down 0.0%

The firm’s fifty day moving average price is $49.67 and its 200-day moving average price is $49.71.

Hedge Funds Weigh In On Vanguard Ultra-Short Bond ETF

A number of hedge funds have recently modified their holdings of VUSB. Ritholtz Wealth Management boosted its position in shares of Vanguard Ultra-Short Bond ETF by 4.8% during the first quarter. Ritholtz Wealth Management now owns 4,720 shares of the company’s stock valued at $235,000 after buying an additional 216 shares during the period. RFG Advisory LLC lifted its stake in shares of Vanguard Ultra-Short Bond ETF by 1.6% during the 1st quarter. RFG Advisory LLC now owns 14,426 shares of the company’s stock worth $718,000 after acquiring an additional 223 shares during the last quarter. Convergence Financial LLC boosted its holdings in Vanguard Ultra-Short Bond ETF by 6.0% during the 4th quarter. Convergence Financial LLC now owns 4,358 shares of the company’s stock valued at $217,000 after acquiring an additional 245 shares during the period. Verus Financial Partners Inc. increased its stake in Vanguard Ultra-Short Bond ETF by 1.1% in the first quarter. Verus Financial Partners Inc. now owns 27,248 shares of the company’s stock worth $1,356,000 after purchasing an additional 293 shares during the period. Finally, Compass Financial Group Inc. increased its stake in Vanguard Ultra-Short Bond ETF by 0.9% in the first quarter. Compass Financial Group Inc. now owns 39,902 shares of the company’s stock worth $1,987,000 after purchasing an additional 337 shares during the period.

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.