Robinhood Asset Management LLC Makes New Investment in Vanguard Ultra-Short Bond ETF $VUSB

Robinhood Asset Management LLC acquired a new stake in Vanguard Ultra-Short Bond ETF (BATS:VUSB) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 64,936 shares of the company’s stock, valued at approximately $3,236,000. Robinhood Asset Management LLC owned approximately 0.06% of Vanguard Ultra-Short Bond ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VUSB. JPMorgan Chase & Co. increased its holdings in Vanguard Ultra-Short Bond ETF by 10.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 24,065,722 shares of the company’s stock worth $1,203,166,000 after purchasing an additional 2,317,449 shares during the period. Bank of America Corp DE increased its stake in shares of Vanguard Ultra-Short Bond ETF by 10.6% during the third quarter. Bank of America Corp DE now owns 2,785,393 shares of the company’s stock worth $139,256,000 after buying an additional 267,386 shares during the period. Blue Trust Inc. increased its stake in shares of Vanguard Ultra-Short Bond ETF by 8.5% during the third quarter. Blue Trust Inc. now owns 2,016,210 shares of the company’s stock worth $100,800,000 after buying an additional 157,980 shares during the period. Wharton Business Group LLC raised its holdings in Vanguard Ultra-Short Bond ETF by 4.4% in the third quarter. Wharton Business Group LLC now owns 1,367,924 shares of the company’s stock valued at $68,389,000 after acquiring an additional 57,905 shares in the last quarter. Finally, HighTower Advisors LLC raised its holdings in Vanguard Ultra-Short Bond ETF by 23.4% in the third quarter. HighTower Advisors LLC now owns 1,325,838 shares of the company’s stock valued at $66,285,000 after acquiring an additional 251,805 shares in the last quarter.

Vanguard Ultra-Short Bond ETF Stock Performance

Shares of Vanguard Ultra-Short Bond ETF stock opened at $49.64 on Tuesday. Vanguard Ultra-Short Bond ETF has a 52-week low of $49.42 and a 52-week high of $50.03. The company has a 50 day moving average of $49.84 and a 200 day moving average of $49.87.

Vanguard Ultra-Short Bond ETF Cuts Dividend

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

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.