Vanguard Ultra-Short Bond ETF (BATS:VUSB) Reaches New 12-Month Low – Here’s What Happened

Vanguard Ultra-Short Bond ETF (BATS:VUSB)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as $49.54 and last traded at $49.5450, with a volume of 117733 shares traded. The stock had previously closed at $49.55.

Vanguard Ultra-Short Bond ETF Trading Down 0.0%

The business has a 50 day simple moving average of $49.68 and a two-hundred day simple moving average of $49.72.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in VUSB. JPMorgan Chase & Co. grew its holdings in Vanguard Ultra-Short Bond ETF by 4.2% during the 4th quarter. JPMorgan Chase & Co. now owns 25,077,867 shares of the company’s stock worth $1,249,881,000 after acquiring an additional 1,012,145 shares in the last quarter. Adventist Health System Sunbelt Healthcare Corp acquired a new stake in shares of Vanguard Ultra-Short Bond ETF in the 1st quarter valued at about $438,407,000. Kensington Asset Management LLC lifted its position in shares of Vanguard Ultra-Short Bond ETF by 158.1% during the first quarter. Kensington Asset Management LLC now owns 2,853,597 shares of the company’s stock worth $142,066,000 after purchasing an additional 1,748,029 shares during the last quarter. Wells Fargo & Company MN lifted its position in shares of Vanguard Ultra-Short Bond ETF by 11.8% during the fourth quarter. Wells Fargo & Company MN now owns 2,847,457 shares of the company’s stock worth $141,917,000 after purchasing an additional 300,671 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in Vanguard Ultra-Short Bond ETF by 10.6% in the third quarter. Bank of America Corp DE now owns 2,785,393 shares of the company’s stock worth $139,256,000 after purchasing an additional 267,386 shares in the last quarter.

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.