JPMorgan Chase & Co. Has $1.20 Billion Stake in Vanguard Ultra-Short Bond ETF $VUSB

JPMorgan Chase & Co. raised its holdings in Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 10.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 24,065,722 shares of the company’s stock after purchasing an additional 2,317,449 shares during the quarter. JPMorgan Chase & Co. owned approximately 22.59% of Vanguard Ultra-Short Bond ETF worth $1,203,166,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Alpha Omega Wealth Management LLC raised its holdings in Vanguard Ultra-Short Bond ETF by 56.5% during the 3rd quarter. Alpha Omega Wealth Management LLC now owns 447,448 shares of the company’s stock worth $22,370,000 after purchasing an additional 161,584 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of Vanguard Ultra-Short Bond ETF by 104.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 170,424 shares of the company’s stock worth $8,498,000 after buying an additional 86,878 shares during the period. Apella Capital LLC grew its position in shares of Vanguard Ultra-Short Bond ETF by 9.3% during the 3rd quarter. Apella Capital LLC now owns 180,871 shares of the company’s stock worth $9,034,000 after buying an additional 15,411 shares during the period. Fonville Wealth Management LLC raised its stake in shares of Vanguard Ultra-Short Bond ETF by 4.7% during the third quarter. Fonville Wealth Management LLC now owns 447,651 shares of the company’s stock worth $22,380,000 after buying an additional 20,059 shares during the last quarter. Finally, Aspiriant LLC lifted its holdings in Vanguard Ultra-Short Bond ETF by 38.1% in the third quarter. Aspiriant LLC now owns 86,913 shares of the company’s stock valued at $4,345,000 after buying an additional 23,987 shares during the period.

Vanguard Ultra-Short Bond ETF Stock Up 0.0%

Shares of VUSB stock opened at $49.95 on Tuesday. The firm’s 50 day moving average price is $49.88 and its two-hundred day moving average price is $49.88. Vanguard Ultra-Short Bond ETF has a 52-week low of $49.42 and a 52-week high of $50.03.

Vanguard Ultra-Short Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were issued a $0.1821 dividend. This is a boost from Vanguard Ultra-Short Bond ETF’s previous monthly dividend of $0.18. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date was Monday, February 2nd.

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.