Eagle Capital Management LLC Trims Stock Position in Vanguard Ultra-Short Bond ETF $VUSB

Eagle Capital Management LLC decreased its position in shares of Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 4.4% during the first quarter, HoldingsChannel reports. The firm owned 389,904 shares of the company’s stock after selling 17,805 shares during the period. Vanguard Ultra-Short Bond ETF makes up approximately 7.7% of Eagle Capital Management LLC’s holdings, making the stock its 4th biggest holding. Eagle Capital Management LLC’s holdings in Vanguard Ultra-Short Bond ETF were worth $19,411,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in shares of Vanguard Ultra-Short Bond ETF by 4.2% in the 4th quarter. JPMorgan Chase & Co. now owns 25,077,867 shares of the company’s stock worth $1,249,881,000 after purchasing an additional 1,012,145 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of Vanguard Ultra-Short Bond ETF by 11.8% during the 4th quarter. Wells Fargo & Company MN now owns 2,847,457 shares of the company’s stock valued at $141,917,000 after buying an additional 300,671 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Vanguard Ultra-Short Bond ETF by 10.6% during the 3rd quarter. Bank of America Corp DE now owns 2,785,393 shares of the company’s stock valued at $139,256,000 after buying an additional 267,386 shares in the last quarter. LPL Financial LLC raised its holdings in shares of Vanguard Ultra-Short Bond ETF by 72.1% during the 4th quarter. LPL Financial LLC now owns 2,011,548 shares of the company’s stock valued at $100,256,000 after buying an additional 842,842 shares in the last quarter. Finally, HighTower Advisors LLC lifted its position in Vanguard Ultra-Short Bond ETF by 22.1% in the 4th quarter. HighTower Advisors LLC now owns 1,618,722 shares of the company’s stock worth $80,677,000 after buying an additional 292,884 shares during the last quarter.

Vanguard Ultra-Short Bond ETF Stock Up 0.0%

Shares of VUSB opened at $49.74 on Thursday. The stock has a 50 day simple moving average of $49.73 and a two-hundred day simple moving average of $49.80. Vanguard Ultra-Short Bond ETF has a 1 year low of $49.61 and a 1 year high of $50.03.

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.