Vanguard Ultra-Short Bond ETF (BATS:VUSB) Reaches New 52-Week Low – Here’s Why

Vanguard Ultra-Short Bond ETF (BATS:VUSB) shares reached a new 52-week low on Friday . The stock traded as low as $49.61 and last traded at $49.62, with a volume of 2303112 shares changing hands. The stock had previously closed at $49.67.

Vanguard Ultra-Short Bond ETF Stock Down 0.1%

The firm’s 50 day simple moving average is $49.73 and its two-hundred day simple moving average is $49.82.

Institutional Investors Weigh In On Vanguard Ultra-Short Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. increased its position in shares of Vanguard Ultra-Short Bond ETF by 4.2% during the fourth 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 bought a new stake in shares of Vanguard Ultra-Short Bond ETF during the first quarter worth about $438,407,000. Kensington Asset Management LLC increased 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 acquiring an additional 1,748,029 shares in the last quarter. Wells Fargo & Company MN increased 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 acquiring an additional 300,671 shares in the last quarter. Finally, Bank of America Corp DE increased its position in shares of Vanguard Ultra-Short Bond ETF by 10.6% during the third quarter. Bank of America Corp DE now owns 2,785,393 shares of the company’s stock worth $139,256,000 after acquiring an additional 267,386 shares in the last quarter.

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.