Avidian Wealth Enterprises LLC Sells 13,849 Shares of Vanguard Ultra-Short Bond ETF $VUSB

Avidian Wealth Enterprises LLC decreased its stake in shares of Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 22.8% in the second quarter, HoldingsChannel reports. The institutional investor owned 46,952 shares of the company’s stock after selling 13,849 shares during the period. Avidian Wealth Enterprises LLC’s holdings in Vanguard Ultra-Short Bond ETF were worth $2,341,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC bought a new stake in Vanguard Ultra-Short Bond ETF during the 1st quarter valued at about $35,000. Garde Capital Inc. bought a new stake in Vanguard Ultra-Short Bond ETF during the 1st quarter valued at about $35,000. Stonebridge Financial Group LLC bought a new stake in Vanguard Ultra-Short Bond ETF during the 1st quarter valued at about $50,000. National Bank of Canada FI lifted its holdings in Vanguard Ultra-Short Bond ETF by 127.4% during the 1st quarter. National Bank of Canada FI now owns 1,437 shares of the company’s stock valued at $72,000 after buying an additional 805 shares in the last quarter. Finally, North Star Investment Management Corp. lifted its holdings in Vanguard Ultra-Short Bond ETF by 144.1% during the 2nd quarter. North Star Investment Management Corp. now owns 1,460 shares of the company’s stock valued at $73,000 after buying an additional 862 shares in the last quarter.

Vanguard Ultra-Short Bond ETF Stock Performance

BATS:VUSB opened at $49.95 on Tuesday. Vanguard Ultra-Short Bond ETF has a one year low of $49.43 and a one year high of $49.98. The firm has a 50-day simple moving average of $49.89 and a 200-day simple moving average of $49.77.

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.