Wedmont Private Capital Sells 10,563 Shares of Vanguard Ultra-Short Bond ETF $VUSB

Wedmont Private Capital lessened its holdings in Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 51.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 9,863 shares of the company’s stock after selling 10,563 shares during the quarter. Wedmont Private Capital’s holdings in Vanguard Ultra-Short Bond ETF were worth $492,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its stake in shares of Vanguard Ultra-Short Bond ETF by 10.7% during the third quarter. JPMorgan Chase & Co. now owns 24,065,722 shares of the company’s stock valued at $1,203,166,000 after buying an additional 2,317,449 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of Vanguard Ultra-Short Bond ETF by 74.5% in the 2nd quarter. Bank of America Corp DE now owns 2,518,007 shares of the company’s stock valued at $125,560,000 after acquiring an additional 1,075,161 shares during the last quarter. Spectrum Asset Management Inc. NB CA purchased a new stake in Vanguard Ultra-Short Bond ETF during the 3rd quarter valued at about $21,421,000. Eagle Capital Management LLC bought a new position in Vanguard Ultra-Short Bond ETF during the 3rd quarter worth approximately $18,547,000. Finally, Nkcfo LLC purchased a new position in Vanguard Ultra-Short Bond ETF in the 3rd quarter worth approximately $17,461,000.

Vanguard Ultra-Short Bond ETF Trading Down 0.1%

Shares of VUSB stock opened at $49.71 on Wednesday. Vanguard Ultra-Short Bond ETF has a fifty-two week low of $49.42 and a fifty-two week high of $50.03. The stock has a 50 day moving average price of $49.88 and a two-hundred day moving average price of $49.88.

Vanguard Ultra-Short Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a dividend of $0.1653 per share. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Monday, March 2nd.

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.