Cypress Point Wealth Management LLC Lowers Stock Holdings in Vanguard Ultra-Short Bond ETF (BATS:VUSB)

Cypress Point Wealth Management LLC decreased its holdings in shares of Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 7.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 12,620 shares of the company’s stock after selling 948 shares during the period. Cypress Point Wealth Management LLC’s holdings in Vanguard Ultra-Short Bond ETF were worth $630,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in VUSB. Ruedi Wealth Management Inc. boosted its stake in Vanguard Ultra-Short Bond ETF by 1.3% in the 3rd quarter. Ruedi Wealth Management Inc. now owns 16,607 shares of the company’s stock worth $829,000 after buying an additional 211 shares during the last quarter. Latitude Advisors LLC boosted its position in shares of Vanguard Ultra-Short Bond ETF by 1.7% in the third quarter. Latitude Advisors LLC now owns 13,288 shares of the company’s stock worth $664,000 after acquiring an additional 221 shares during the last quarter. RHS Financial LLC grew its holdings in Vanguard Ultra-Short Bond ETF by 2.9% in the second quarter. RHS Financial LLC now owns 7,924 shares of the company’s stock valued at $392,000 after purchasing an additional 223 shares during the period. Clarius Group LLC increased its position in Vanguard Ultra-Short Bond ETF by 1.4% during the second quarter. Clarius Group LLC now owns 18,105 shares of the company’s stock worth $897,000 after purchasing an additional 244 shares during the last quarter. Finally, Lebenthal Global Advisors LLC increased its position in Vanguard Ultra-Short Bond ETF by 1.1% during the second quarter. Lebenthal Global Advisors LLC now owns 23,945 shares of the company’s stock worth $1,186,000 after purchasing an additional 261 shares during the last quarter.

Vanguard Ultra-Short Bond ETF Stock Performance

VUSB stock remained flat at $49.67 during trading on Friday. The company’s stock had a trading volume of 469,225 shares. The business has a 50-day moving average price of $49.78 and a 200-day moving average price of $49.61.

Vanguard Ultra-Short Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were paid a dividend of $0.2084 per share. The ex-dividend date was Friday, November 1st.

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.