Vanguard Ultra-Short Bond ETF (BATS:VUSB) Stock Breaks Above Fifty Day Moving Average – Here’s Why

Shares of Vanguard Ultra-Short Bond ETF (BATS:VUSB) crossed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $49.57 and traded as high as $49.60. Vanguard Ultra-Short Bond ETF shares last traded at $49.58, with a volume of 2,542,091 shares.

Vanguard Ultra-Short Bond ETF Stock Up 0.1%

The business has a 50 day simple moving average of $49.56 and a 200-day simple moving average of $49.71.

Institutional Investors Weigh In On Vanguard Ultra-Short Bond ETF

A number of hedge funds have recently modified their holdings of VUSB. Cassaday & Co Wealth Management LLC bought a new stake in Vanguard Ultra-Short Bond ETF in the 1st quarter valued at approximately $32,000. Olistico Wealth LLC boosted its position in Vanguard Ultra-Short Bond ETF by 68.5% during the 3rd quarter. Olistico Wealth LLC now owns 696 shares of the company’s stock worth $34,000 after acquiring an additional 283 shares during the last quarter. NBH Bank acquired a new position in Vanguard Ultra-Short Bond ETF during the 2nd quarter worth approximately $37,000. Elevation Wealth Partners LLC acquired a new position in Vanguard Ultra-Short Bond ETF during the 2nd quarter worth approximately $75,000. Finally, Cornerstone Financial Management LLC boosted its position in Vanguard Ultra-Short Bond ETF by 648.3% during the 2nd quarter. Cornerstone Financial Management LLC now owns 1,579 shares of the company’s stock worth $79,000 after acquiring an additional 1,368 shares during 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.