Summitas Investment Management LLC Takes $1.90 Million Position in Vanguard Ultra-Short Bond ETF $VUSB

Summitas Investment Management LLC purchased a new stake in Vanguard Ultra-Short Bond ETF (BATS:VUSB) in the first quarter, HoldingsChannel reports. The fund purchased 38,215 shares of the company’s stock, valued at approximately $1,903,000. Vanguard Ultra-Short Bond ETF comprises about 1.5% of Summitas Investment Management LLC’s investment portfolio, making the stock its 9th biggest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its stake in Vanguard Ultra-Short Bond ETF by 74.5% during the second quarter. Bank of America Corp DE now owns 2,518,007 shares of the company’s stock worth $125,560,000 after acquiring an additional 1,075,161 shares during the last quarter. JPMorgan Chase & Co. raised its position in Vanguard Ultra-Short Bond ETF by 4.2% during the fourth quarter. JPMorgan Chase & Co. now owns 25,077,867 shares of the company’s stock valued at $1,249,881,000 after purchasing an additional 1,012,145 shares during the period. Kensington Asset Management LLC lifted its stake in shares of Vanguard Ultra-Short Bond ETF by 484.8% in the 4th quarter. Kensington Asset Management LLC now owns 1,105,568 shares of the company’s stock valued at $55,102,000 after purchasing an additional 916,533 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its stake in shares of Vanguard Ultra-Short Bond ETF by 165,934.9% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 893,268 shares of the company’s stock valued at $44,348,000 after purchasing an additional 892,730 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in shares of Vanguard Ultra-Short Bond ETF by 72.1% in the 4th quarter. LPL Financial LLC now owns 2,011,548 shares of the company’s stock valued at $100,256,000 after purchasing an additional 842,842 shares during the last quarter.

Vanguard Ultra-Short Bond ETF Stock Performance

Shares of Vanguard Ultra-Short Bond ETF stock opened at $49.70 on Wednesday. The stock has a 50 day moving average price of $49.70 and a 200-day moving average price of $49.78. Vanguard Ultra-Short Bond ETF has a one year low of $49.60 and a one year high of $50.03.

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.