Vanguard Ultra-Short Bond ETF (BATS:VUSB) Hits New 1-Year Low – Here’s Why

Vanguard Ultra-Short Bond ETF (BATS:VUSB)’s share price hit a new 52-week low on Friday . The stock traded as low as $49.61 and last traded at $49.62, with a volume of 2303112 shares. The stock had previously closed at $49.67.

Vanguard Ultra-Short Bond ETF Stock Down 0.1%

The firm’s fifty day moving average is $49.73 and its two-hundred day moving average is $49.82.

Institutional Trading of Vanguard Ultra-Short Bond ETF

Hedge funds have recently bought and sold shares of the stock. Olistico Wealth LLC purchased a new stake in Vanguard Ultra-Short Bond ETF in the 4th quarter worth $25,000. Assetmark Inc. lifted its stake in Vanguard Ultra-Short Bond ETF by 236.4% in the 4th quarter. Assetmark Inc. now owns 518 shares of the company’s stock worth $26,000 after purchasing an additional 364 shares in the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in Vanguard Ultra-Short Bond ETF in the 4th quarter worth $27,000. Kingdom Financial Group LLC. purchased a new stake in Vanguard Ultra-Short Bond ETF in the 4th quarter worth $27,000. Finally, Safe Harbor Fiduciary LLC purchased a new stake in Vanguard Ultra-Short Bond ETF in the 4th quarter worth $29,000.

Vanguard Ultra-Short Bond ETF Company 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.