Vanguard Ultra-Short Bond ETF (BATS:VUSB) Sees Large Decrease in Short Interest

Vanguard Ultra-Short Bond ETF (BATS:VUSB) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 592,980 shares, a decrease of 53.5% from the August 15th total of 1,275,799 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average daily trading volume, of 1,964,020 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of Vanguard Ultra-Short Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Sequoia Financial Advisors LLC bought a new position in shares of Vanguard Ultra-Short Bond ETF in the second quarter worth about $435,000. Capital Advantage Inc. lifted its holdings in Vanguard Ultra-Short Bond ETF by 18.6% during the 2nd quarter. Capital Advantage Inc. now owns 412,453 shares of the company’s stock valued at $20,532,000 after buying an additional 64,545 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC lifted its holdings in Vanguard Ultra-Short Bond ETF by 33.9% during the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 6,817 shares of the company’s stock valued at $339,000 after buying an additional 1,725 shares in the last quarter. Integrated Wealth Concepts LLC boosted its position in Vanguard Ultra-Short Bond ETF by 3.2% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 57,654 shares of the company’s stock valued at $2,870,000 after buying an additional 1,781 shares during the period. Finally, NewEdge Advisors LLC boosted its position in Vanguard Ultra-Short Bond ETF by 75.4% in the 2nd quarter. NewEdge Advisors LLC now owns 24,694 shares of the company’s stock valued at $1,229,000 after buying an additional 10,612 shares during the period.

Vanguard Ultra-Short Bond ETF Stock Performance

Shares of BATS VUSB opened at $49.55 on Tuesday. Vanguard Ultra-Short Bond ETF has a fifty-two week low of $49.54 and a fifty-two week high of $50.03. The business’s 50 day moving average price is $49.67 and its 200-day moving average price is $49.71.

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.