Fortitude Advisory Group L.L.C. Purchases New Holdings in Vanguard Ultra-Short Bond ETF $VUSB

Fortitude Advisory Group L.L.C. purchased a new stake in Vanguard Ultra-Short Bond ETF (BATS:VUSB) in the fourth quarter, HoldingsChannel reports. The firm purchased 508,287 shares of the company’s stock, valued at approximately $25,333,000. Vanguard Ultra-Short Bond ETF accounts for approximately 10.7% of Fortitude Advisory Group L.L.C.’s investment portfolio, making the stock its biggest position.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Convergence Financial LLC increased its holdings in shares of Vanguard Ultra-Short Bond ETF by 6.0% in the fourth quarter. Convergence Financial LLC now owns 4,358 shares of the company’s stock valued at $217,000 after purchasing an additional 245 shares in the last quarter. Compass Financial Group INC SD increased its holdings in shares of Vanguard Ultra-Short Bond ETF by 2.0% in the fourth quarter. Compass Financial Group INC SD now owns 14,699 shares of the company’s stock valued at $733,000 after purchasing an additional 292 shares in the last quarter. Park Avenue Securities LLC increased its holdings in shares of Vanguard Ultra-Short Bond ETF by 7.4% in the fourth quarter. Park Avenue Securities LLC now owns 4,365 shares of the company’s stock valued at $218,000 after purchasing an additional 300 shares in the last quarter. Inspirion Wealth Advisors LLC grew its holdings in Vanguard Ultra-Short Bond ETF by 6.1% during the 4th quarter. Inspirion Wealth Advisors LLC now owns 5,303 shares of the company’s stock worth $264,000 after acquiring an additional 303 shares during the period. Finally, CENTRAL TRUST Co grew its holdings in Vanguard Ultra-Short Bond ETF by 0.4% during the 4th quarter. CENTRAL TRUST Co now owns 74,529 shares of the company’s stock worth $3,715,000 after acquiring an additional 316 shares during the period.

Vanguard Ultra-Short Bond ETF Price Performance

VUSB opened at $49.70 on Friday. The company has a fifty day moving average price of $49.72 and a two-hundred day moving average price of $49.81. Vanguard Ultra-Short Bond ETF has a 52 week low of $49.61 and a 52 week high of $50.03.

Vanguard Ultra-Short Bond ETF 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.