Global Wealth Management LLC Makes New $14.46 Million Investment in Vanguard Ultra-Short Bond ETF (BATS:VUSB)

Global Wealth Management LLC purchased a new stake in Vanguard Ultra-Short Bond ETF (BATS:VUSB) in the 3rd quarter, Holdings Channel reports. The fund purchased 289,463 shares of the company’s stock, valued at approximately $14,456,000. Vanguard Ultra-Short Bond ETF makes up 9.8% of Global Wealth Management LLC’s holdings, making the stock its 5th biggest position.

Other institutional investors have also recently modified their holdings of the company. Blue Trust Inc. boosted its position in shares of Vanguard Ultra-Short Bond ETF by 4.7% during the 3rd quarter. Blue Trust Inc. now owns 1,548,986 shares of the company’s stock worth $76,706,000 after purchasing an additional 69,352 shares in the last quarter. LPL Financial LLC grew its position in Vanguard Ultra-Short Bond ETF by 39.7% during the second quarter. LPL Financial LLC now owns 972,856 shares of the company’s stock worth $48,176,000 after buying an additional 276,376 shares during the period. Pacific Center for Financial Services increased its holdings in Vanguard Ultra-Short Bond ETF by 2.5% in the first quarter. Pacific Center for Financial Services now owns 766,207 shares of the company’s stock valued at $37,966,000 after buying an additional 18,774 shares in the last quarter. Waverly Advisors LLC lifted its position in shares of Vanguard Ultra-Short Bond ETF by 1,307.8% during the 1st quarter. Waverly Advisors LLC now owns 491,199 shares of the company’s stock valued at $24,339,000 after acquiring an additional 456,308 shares during the period. Finally, David Kennon Inc boosted its stake in shares of Vanguard Ultra-Short Bond ETF by 2.4% during the 3rd quarter. David Kennon Inc now owns 447,386 shares of the company’s stock worth $22,342,000 after acquiring an additional 10,312 shares in the last quarter.

Vanguard Ultra-Short Bond ETF Price Performance

BATS VUSB traded down $0.01 during mid-day trading on Friday, hitting $49.79. The stock had a trading volume of 690,703 shares. The stock has a 50-day moving average price of $49.80 and a 200 day moving average price of $49.58.

Vanguard Ultra-Short Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, October 3rd. Stockholders of record on Tuesday, October 1st were given a $0.21 dividend. The ex-dividend date was Tuesday, October 1st. This is a boost from Vanguard Ultra-Short Bond ETF’s previous dividend of $0.21.

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.