Pinnacle Associates Ltd. Buys Shares of 11,252 Vanguard Ultra-Short Bond ETF $VUSB

Pinnacle Associates Ltd. bought a new stake in Vanguard Ultra-Short Bond ETF (BATS:VUSB) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 11,252 shares of the company’s stock, valued at approximately $561,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Olistico Wealth LLC purchased a new position in Vanguard Ultra-Short Bond ETF during the 4th quarter worth $25,000. Assetmark Inc. raised its position in Vanguard Ultra-Short Bond ETF by 236.4% during the 4th quarter. Assetmark Inc. now owns 518 shares of the company’s stock worth $26,000 after buying an additional 364 shares during the last quarter. Allspring Global Investments Holdings LLC purchased a new position in Vanguard Ultra-Short Bond ETF during the 4th quarter worth $27,000. Triumph Capital Management purchased a new position in Vanguard Ultra-Short Bond ETF during the 3rd quarter worth $30,000. Finally, Salomon & Ludwin LLC purchased a new position in Vanguard Ultra-Short Bond ETF during the 4th quarter worth $31,000.

Vanguard Ultra-Short Bond ETF Stock Performance

Shares of Vanguard Ultra-Short Bond ETF stock opened at $49.71 on Tuesday. Vanguard Ultra-Short Bond ETF has a one year low of $49.58 and a one year high of $50.03. The firm has a fifty day moving average of $49.73 and a two-hundred day moving average of $49.83.

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.