Vanguard Ultra-Short Bond ETF (BATS:VUSB) Sets New 1-Year Low – Here’s Why

Vanguard Ultra-Short Bond ETF (BATS:VUSB)’s share price hit a new 52-week low on Tuesday . The company traded as low as $49.58 and last traded at $49.59, with a volume of 111338 shares. The stock had previously closed at $49.75.

Vanguard Ultra-Short Bond ETF Trading Down 0.3%

The company has a 50-day moving average price of $49.70 and a 200-day moving average price of $49.74.

Institutional Trading of Vanguard Ultra-Short Bond ETF

Institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. boosted its holdings in Vanguard Ultra-Short Bond ETF by 4.2% during the fourth quarter. JPMorgan Chase & Co. now owns 25,077,867 shares of the company’s stock worth $1,249,881,000 after buying an additional 1,012,145 shares in the last quarter. Adventist Health System Sunbelt Healthcare Corp acquired a new position in Vanguard Ultra-Short Bond ETF in the 1st quarter worth about $438,407,000. Kensington Asset Management LLC grew its stake in shares of Vanguard Ultra-Short Bond ETF by 158.1% in the 1st quarter. Kensington Asset Management LLC now owns 2,853,597 shares of the company’s stock valued at $142,066,000 after buying an additional 1,748,029 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of Vanguard Ultra-Short Bond ETF by 11.8% during the 4th quarter. Wells Fargo & Company MN now owns 2,847,457 shares of the company’s stock worth $141,917,000 after purchasing an additional 300,671 shares during the last quarter. Finally, Bank of America Corp DE increased its position in 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 last quarter.

About Vanguard Ultra-Short Bond ETF

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.