Fortitude Advisory Group L.L.C. Takes $25.33 Million Position in Vanguard Ultra-Short Bond ETF $VUSB

Fortitude Advisory Group L.L.C. bought a new stake in Vanguard Ultra-Short Bond ETF (BATS:VUSB) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 508,287 shares of the company’s stock, valued at approximately $25,333,000. Vanguard Ultra-Short Bond ETF comprises approximately 10.7% of Fortitude Advisory Group L.L.C.’s portfolio, making the stock its largest holding. Fortitude Advisory Group L.L.C. owned 0.48% of Vanguard Ultra-Short Bond ETF at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of VUSB. JPMorgan Chase & Co. raised its stake in shares of Vanguard Ultra-Short Bond ETF by 10.7% in the third quarter. JPMorgan Chase & Co. now owns 24,065,722 shares of the company’s stock valued at $1,203,166,000 after acquiring an additional 2,317,449 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Vanguard Ultra-Short Bond ETF by 74.5% in the second quarter. Bank of America Corp DE now owns 2,518,007 shares of the company’s stock valued at $125,560,000 after acquiring an additional 1,075,161 shares during the last quarter. Kensington Asset Management LLC raised its stake in shares of Vanguard Ultra-Short Bond ETF by 484.8% in the fourth quarter. Kensington Asset Management LLC now owns 1,105,568 shares of the company’s stock valued at $55,102,000 after acquiring an additional 916,533 shares during the last quarter. LPL Financial LLC increased its holdings in shares of Vanguard Ultra-Short Bond ETF by 72.1% in the fourth quarter. LPL Financial LLC now owns 2,011,548 shares of the company’s stock valued at $100,256,000 after purchasing an additional 842,842 shares in the last quarter. Finally, Valpey Financial Services LLC increased its holdings in shares of Vanguard Ultra-Short Bond ETF by 7,011.4% in the fourth quarter. Valpey Financial Services LLC now owns 808,286 shares of the company’s stock valued at $40,285,000 after purchasing an additional 796,920 shares in the last quarter.

Vanguard Ultra-Short Bond ETF Price Performance

Shares of Vanguard Ultra-Short Bond ETF stock opened at $49.70 on Friday. The firm has a 50 day simple moving average of $49.72 and a 200 day simple moving average of $49.81. Vanguard Ultra-Short Bond ETF has a fifty-two week low of $49.61 and a fifty-two week high of $50.03.

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.