Texas Capital Bank Wealth Management Services Inc Makes New Investment in Vanguard Ultra-Short Bond ETF $VUSB

Texas Capital Bank Wealth Management Services Inc purchased a new position in Vanguard Ultra-Short Bond ETF (BATS:VUSB) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 12,736 shares of the company’s stock, valued at approximately $635,000.

A number of other large investors have also added to or reduced their stakes in VUSB. Olistico Wealth LLC bought a new stake in shares of Vanguard Ultra-Short Bond ETF during the 4th quarter valued at about $25,000. Assetmark Inc. boosted its stake in shares of Vanguard Ultra-Short Bond ETF by 236.4% during the 4th quarter. Assetmark Inc. now owns 518 shares of the company’s stock valued at $26,000 after purchasing an additional 364 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new stake in shares of Vanguard Ultra-Short Bond ETF during the 4th quarter valued at about $27,000. Kingdom Financial Group LLC. bought a new stake in shares of Vanguard Ultra-Short Bond ETF during the 4th quarter valued at about $27,000. Finally, Triumph Capital Management bought a new stake in shares of Vanguard Ultra-Short Bond ETF during the 3rd quarter valued at about $30,000.

Vanguard Ultra-Short Bond ETF Stock Up 0.0%

Shares of VUSB opened at $49.80 on Friday. The firm’s 50-day moving average price is $49.73 and its 200-day moving average price is $49.83. Vanguard Ultra-Short Bond ETF has a 1-year low of $49.58 and a 1-year high of $50.03.

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.