Wedmont Private Capital Lowers Stock Position in Vanguard Ultra-Short Bond ETF $VUSB

Wedmont Private Capital lessened its stake in Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 51.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,863 shares of the company’s stock after selling 10,563 shares during the period. Wedmont Private Capital’s holdings in Vanguard Ultra-Short Bond ETF were worth $492,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. JPMorgan Chase & Co. raised its position in shares of Vanguard Ultra-Short Bond ETF by 10.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 24,065,722 shares of the company’s stock valued at $1,203,166,000 after buying an additional 2,317,449 shares in the last quarter. Bank of America Corp DE grew its position 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 acquiring an additional 267,386 shares in the last quarter. Blue Trust Inc. increased its stake in Vanguard Ultra-Short Bond ETF by 8.5% in the third quarter. Blue Trust Inc. now owns 2,016,210 shares of the company’s stock valued at $100,800,000 after acquiring an additional 157,980 shares during the last quarter. Wharton Business Group LLC raised its position in Vanguard Ultra-Short Bond ETF by 4.4% during the third quarter. Wharton Business Group LLC now owns 1,367,924 shares of the company’s stock valued at $68,389,000 after purchasing an additional 57,905 shares in the last quarter. Finally, HighTower Advisors LLC lifted its stake in Vanguard Ultra-Short Bond ETF by 23.4% during the third quarter. HighTower Advisors LLC now owns 1,325,838 shares of the company’s stock worth $66,285,000 after purchasing an additional 251,805 shares during the last quarter.

Vanguard Ultra-Short Bond ETF Trading Down 0.1%

VUSB opened at $49.71 on Wednesday. The stock has a 50-day moving average price of $49.88 and a 200-day moving average price of $49.88. Vanguard Ultra-Short Bond ETF has a 12-month low of $49.42 and a 12-month high of $50.03.

Vanguard Ultra-Short Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a dividend of $0.1653 per share. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Monday, March 2nd.

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.