Founders Grove Wealth Partners LLC Raises Holdings in Vanguard Ultra-Short Bond ETF $VUSB

Founders Grove Wealth Partners LLC boosted its holdings in Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 10.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 245,918 shares of the company’s stock after purchasing an additional 24,181 shares during the quarter. Vanguard Ultra-Short Bond ETF comprises approximately 2.8% of Founders Grove Wealth Partners LLC’s investment portfolio, making the stock its 8th largest holding. Founders Grove Wealth Partners LLC’s holdings in Vanguard Ultra-Short Bond ETF were worth $12,257,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Alpha Omega Wealth Management LLC lifted its stake in shares of Vanguard Ultra-Short Bond ETF by 56.5% in the third quarter. Alpha Omega Wealth Management LLC now owns 447,448 shares of the company’s stock valued at $22,370,000 after buying an additional 161,584 shares in the last quarter. Coyle Financial Counsel LLC increased its position in shares of Vanguard Ultra-Short Bond ETF by 20.8% during the third quarter. Coyle Financial Counsel LLC now owns 345,905 shares of the company’s stock worth $17,294,000 after acquiring an additional 59,580 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Vanguard Ultra-Short Bond ETF by 6.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 181,591 shares of the company’s stock worth $9,079,000 after acquiring an additional 11,167 shares during the last quarter. Apella Capital LLC lifted its position in Vanguard Ultra-Short Bond ETF by 9.3% in the 3rd quarter. Apella Capital LLC now owns 180,871 shares of the company’s stock valued at $9,034,000 after acquiring an additional 15,411 shares in the last quarter. Finally, Fonville Wealth Management LLC lifted its position in Vanguard Ultra-Short Bond ETF by 4.7% in the 3rd quarter. Fonville Wealth Management LLC now owns 447,651 shares of the company’s stock valued at $22,380,000 after acquiring an additional 20,059 shares in the last quarter.

Vanguard Ultra-Short Bond ETF Trading Down 0.1%

VUSB stock opened at $49.71 on Wednesday. The business has a 50-day simple moving average of $49.88 and a two-hundred day simple moving average of $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 Cuts Dividend

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

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.