Vanguard Ultra-Short Bond ETF $VUSB is BlueChip Wealth Advisors LLC’s 2nd Largest Position

BlueChip Wealth Advisors LLC boosted its stake in shares of Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 11.0% during the third quarter, Holdings Channel reports. The firm owned 232,153 shares of the company’s stock after purchasing an additional 23,055 shares during the quarter. Vanguard Ultra-Short Bond ETF comprises about 5.0% of BlueChip Wealth Advisors LLC’s holdings, making the stock its 2nd biggest position. BlueChip Wealth Advisors LLC’s holdings in Vanguard Ultra-Short Bond ETF were worth $11,606,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. raised its position in Vanguard Ultra-Short Bond ETF by 11.3% in the second quarter. JPMorgan Chase & Co. now owns 21,748,273 shares of the company’s stock worth $1,084,478,000 after acquiring an additional 2,207,515 shares during the period. Bank of America Corp DE increased its stake in shares of Vanguard Ultra-Short Bond ETF by 74.5% in the 2nd quarter. Bank of America Corp DE now owns 2,518,007 shares of the company’s stock worth $125,560,000 after purchasing an additional 1,075,161 shares in the last quarter. Spectrum Asset Management Inc. NB CA bought a new position in Vanguard Ultra-Short Bond ETF in the 3rd quarter worth $21,421,000. Eagle Capital Management LLC purchased a new position in Vanguard Ultra-Short Bond ETF during the third quarter valued at $18,547,000. Finally, MML Investors Services LLC lifted its position in Vanguard Ultra-Short Bond ETF by 298.5% during the second quarter. MML Investors Services LLC now owns 394,701 shares of the company’s stock valued at $19,682,000 after purchasing an additional 295,659 shares in the last quarter.

Vanguard Ultra-Short Bond ETF Stock Up 0.1%

BATS VUSB opened at $49.94 on Wednesday. Vanguard Ultra-Short Bond ETF has a 52 week low of $49.42 and a 52 week high of $50.03. The stock’s 50-day moving average price is $49.88 and its 200-day moving average price is $49.88.

Vanguard Ultra-Short Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were issued a dividend of $0.1821 per share. This is an increase from Vanguard Ultra-Short Bond ETF’s previous monthly dividend of $0.18. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Monday, February 2nd.

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.