Vanguard Ultra-Short Bond ETF (BATS:VUSB) Sets New 1-Year Low – Time to Sell?

Shares of Vanguard Ultra-Short Bond ETF (BATS:VUSB) reached a new 52-week low during trading on Monday. The company traded as low as $49.50 and last traded at $49.5050, with a volume of 1540945 shares changing hands. The stock had previously closed at $49.54.

Vanguard Ultra-Short Bond ETF Trading Down 0.1%

The stock’s fifty day moving average price is $49.65 and its 200-day moving average price is $49.69.

Institutional Trading of Vanguard Ultra-Short Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of VUSB. Atomic Invest LLC grew its holdings in shares of Vanguard Ultra-Short Bond ETF by 159.2% during the second quarter. Atomic Invest LLC now owns 47,602 shares of the company’s stock valued at $2,370,000 after buying an additional 29,235 shares in the last quarter. Sequoia Financial Advisors LLC purchased a new stake in Vanguard Ultra-Short Bond ETF in the 2nd quarter worth about $435,000. Capital Advantage Inc. boosted its position in Vanguard Ultra-Short Bond ETF by 18.6% during the 2nd quarter. Capital Advantage Inc. now owns 412,453 shares of the company’s stock worth $20,532,000 after acquiring an additional 64,545 shares during the period. Pinnacle Wealth Management Advisory Group LLC boosted its position in Vanguard Ultra-Short Bond ETF by 33.9% during the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 6,817 shares of the company’s stock worth $339,000 after acquiring an additional 1,725 shares during the period. Finally, Integrated Wealth Concepts LLC grew its stake in Vanguard Ultra-Short Bond ETF by 3.2% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 57,654 shares of the company’s stock valued at $2,870,000 after acquiring an additional 1,781 shares in the last quarter.

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.