Red Wave Investments LLC Has $19.20 Million Stock Position in Vanguard Ultra-Short Bond ETF (BATS:VUSB)

Red Wave Investments LLC increased its position in shares of Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 54.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 388,250 shares of the company’s stock after purchasing an additional 136,900 shares during the period. Vanguard Ultra-Short Bond ETF makes up about 7.5% of Red Wave Investments LLC’s portfolio, making the stock its 2nd biggest holding. Red Wave Investments LLC’s holdings in Vanguard Ultra-Short Bond ETF were worth $19,195,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. U.S. Capital Wealth Advisors LLC lifted its holdings in shares of Vanguard Ultra-Short Bond ETF by 323.2% in the third quarter. U.S. Capital Wealth Advisors LLC now owns 37,615 shares of the company’s stock worth $1,850,000 after acquiring an additional 28,726 shares during the last quarter. Commonwealth Equity Services LLC grew its stake in shares of Vanguard Ultra-Short Bond ETF by 5.1% during the third quarter. Commonwealth Equity Services LLC now owns 175,158 shares of the company’s stock worth $8,616,000 after buying an additional 8,539 shares during the last quarter. HTG Investment Advisors Inc. grew its stake in shares of Vanguard Ultra-Short Bond ETF by 9.5% during the third quarter. HTG Investment Advisors Inc. now owns 39,493 shares of the company’s stock worth $1,943,000 after buying an additional 3,435 shares during the last quarter. Apexium Financial LP increased its holdings in shares of Vanguard Ultra-Short Bond ETF by 5.9% during the third quarter. Apexium Financial LP now owns 9,540 shares of the company’s stock worth $469,000 after buying an additional 531 shares in the last quarter. Finally, Chatham Capital Group Inc. lifted its stake in shares of Vanguard Ultra-Short Bond ETF by 118.7% in the 3rd quarter. Chatham Capital Group Inc. now owns 39,620 shares of the company’s stock valued at $1,949,000 after acquiring an additional 21,500 shares during the last quarter.

Vanguard Ultra-Short Bond ETF Stock Up 0.0 %

Vanguard Ultra-Short Bond ETF stock opened at $49.44 on Monday. The company has a 50 day moving average price of $49.43 and a 200-day moving average price of $49.38.

Vanguard Ultra-Short Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were issued a $0.2278 dividend. The ex-dividend date of this dividend was Monday, April 1st. This is a positive change from Vanguard Ultra-Short Bond ETF’s previous dividend of $0.22.

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.