Focus Financial Network Inc. Raises Position in Vanguard Ultra-Short Bond ETF $VUSB

Focus Financial Network Inc. boosted its holdings in shares of Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 24.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 101,915 shares of the company’s stock after buying an additional 19,836 shares during the period. Focus Financial Network Inc.’s holdings in Vanguard Ultra-Short Bond ETF were worth $5,073,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Assetmark Inc. increased 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 acquiring an additional 364 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new stake in shares of Vanguard Ultra-Short Bond ETF during the 4th quarter valued at about $27,000. Kingdom Financial Group LLC. purchased a new position in shares of Vanguard Ultra-Short Bond ETF during the fourth quarter worth about $27,000. Safe Harbor Fiduciary LLC purchased a new position in shares of Vanguard Ultra-Short Bond ETF during the fourth quarter worth about $29,000. Finally, Triumph Capital Management bought a new position in shares of Vanguard Ultra-Short Bond ETF in the third quarter worth approximately $30,000.

Vanguard Ultra-Short Bond ETF Price Performance

Shares of VUSB opened at $49.66 on Monday. Vanguard Ultra-Short Bond ETF has a 1-year low of $49.60 and a 1-year high of $50.03. The firm’s 50 day simple moving average is $49.69 and its 200 day simple moving average is $49.76.

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.