Northwestern Mutual Wealth Management Co. Has $91,000 Stock Holdings in Vanguard Ultra-Short Bond ETF $VUSB

Northwestern Mutual Wealth Management Co. cut its position in shares of Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 12.9% during the first quarter, Holdings Channel reports. The institutional investor owned 1,830 shares of the company’s stock after selling 270 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard Ultra-Short Bond ETF were worth $91,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in VUSB. Garde Capital Inc. acquired a new stake in Vanguard Ultra-Short Bond ETF during the first quarter worth about $35,000. Golden State Wealth Management LLC bought a new position in Vanguard Ultra-Short Bond ETF during the first quarter worth about $35,000. NBC Securities Inc. bought a new position in Vanguard Ultra-Short Bond ETF during the first quarter worth about $42,000. Stonebridge Financial Group LLC bought a new position in Vanguard Ultra-Short Bond ETF during the first quarter worth about $50,000. Finally, Parallel Advisors LLC lifted its stake in Vanguard Ultra-Short Bond ETF by 40.4% during the first quarter. Parallel Advisors LLC now owns 1,425 shares of the company’s stock worth $71,000 after purchasing an additional 410 shares during the period.

Vanguard Ultra-Short Bond ETF Stock Performance

Shares of VUSB opened at $49.87 on Friday. Vanguard Ultra-Short Bond ETF has a 12 month low of $49.43 and a 12 month high of $49.98. The company has a 50-day moving average price of $49.80 and a two-hundred day moving average price of $49.74.

Vanguard Ultra-Short Bond ETF 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.