Vanguard Ultra-Short Bond ETF (BATS:VUSB) Hits New 1-Year Low – Here’s What Happened

Vanguard Ultra-Short Bond ETF (BATS:VUSB) hit a new 52-week low on Monday . The stock traded as low as $49.54 and last traded at $49.5550, with a volume of 1746162 shares traded. The stock had previously closed at $49.54.

Vanguard Ultra-Short Bond ETF Stock Up 0.1%

The company’s 50 day simple moving average is $49.67 and its 200 day simple moving average is $49.70.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. lifted its position in Vanguard Ultra-Short Bond ETF by 4.2% in the fourth quarter. JPMorgan Chase & Co. now owns 25,077,867 shares of the company’s stock valued at $1,249,881,000 after acquiring an additional 1,012,145 shares during the last quarter. Adventist Health System Sunbelt Healthcare Corp purchased a new position in shares of Vanguard Ultra-Short Bond ETF during the first quarter worth about $438,407,000. Kensington Asset Management LLC increased its position in shares of Vanguard Ultra-Short Bond ETF by 158.1% during the first quarter. Kensington Asset Management LLC now owns 2,853,597 shares of the company’s stock worth $142,066,000 after purchasing an additional 1,748,029 shares in the last quarter. Blue Trust Inc. grew its stake in Vanguard Ultra-Short Bond ETF by 3.2% during the 1st quarter. Blue Trust Inc. now owns 2,008,209 shares of the company’s stock worth $99,979,000 after buying an additional 63,160 shares during the last quarter. Finally, Avion Wealth increased its position in Vanguard Ultra-Short Bond ETF by 9.3% during the first quarter. Avion Wealth now owns 1,431,950 shares of the company’s stock worth $71,289,000 after buying an additional 121,797 shares during the period.

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.