Vanguard Ultra-Short Bond ETF (BATS:VUSB) Hits New 12-Month Low – Here’s Why

Shares of Vanguard Ultra-Short Bond ETF (BATS:VUSB) reached a new 52-week low on Wednesday . The company traded as low as $49.60 and last traded at $49.62, with a volume of 123869 shares changing hands. The stock had previously closed at $49.78.

Vanguard Ultra-Short Bond ETF Price Performance

The firm’s 50-day moving average is $49.72 and its two-hundred day moving average is $49.80.

Hedge Funds Weigh In On Vanguard Ultra-Short Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in VUSB. Olistico Wealth LLC purchased a new stake in shares of Vanguard Ultra-Short Bond ETF during the 4th quarter valued at about $25,000. Assetmark Inc. grew its position in Vanguard Ultra-Short Bond ETF by 236.4% in the fourth quarter. Assetmark Inc. now owns 518 shares of the company’s stock worth $26,000 after acquiring an additional 364 shares in the last quarter. Allspring Global Investments Holdings LLC purchased a new position in Vanguard Ultra-Short Bond ETF in the fourth quarter worth about $27,000. Kingdom Financial Group LLC. bought a new stake in Vanguard Ultra-Short Bond ETF during the fourth quarter worth approximately $27,000. Finally, Safe Harbor Fiduciary LLC bought a new stake in Vanguard Ultra-Short Bond ETF during the fourth quarter worth approximately $29,000.

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.