Vanguard Ultra-Short Bond ETF (BATS:VUSB) Sees Significant Growth in Short Interest

Vanguard Ultra-Short Bond ETF (BATS:VUSB) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 786,067 shares, a growth of 246.2% from the June 15th total of 227,068 shares. Based on an average trading volume of 1,464,397 shares, the short-interest ratio is presently 0.5 days. Currently, 0.7% of the company’s shares are sold short.

Vanguard Ultra-Short Bond ETF Price Performance

BATS:VUSB opened at $49.64 on Tuesday. The business’s 50-day moving average price is $49.70 and its two-hundred day moving average price is $49.79. Vanguard Ultra-Short Bond ETF has a 1-year low of $49.60 and a 1-year high of $50.03.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Adventist Health System Sunbelt Healthcare Corp bought a new stake in Vanguard Ultra-Short Bond ETF in the 1st quarter valued at $438,407,000. Kensington Asset Management LLC boosted its holdings in shares of Vanguard Ultra-Short Bond ETF by 158.1% during the 1st quarter. Kensington Asset Management LLC now owns 2,853,597 shares of the company’s stock worth $142,066,000 after buying an additional 1,748,029 shares during the period. Bank of America Corp DE boosted its holdings in shares of Vanguard Ultra-Short Bond ETF by 74.5% during the 2nd quarter. Bank of America Corp DE now owns 2,518,007 shares of the company’s stock worth $125,560,000 after buying an additional 1,075,161 shares during the period. JPMorgan Chase & Co. lifted 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 purchasing an additional 1,012,145 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its stake in Vanguard Ultra-Short Bond ETF by 165,934.9% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 893,268 shares of the company’s stock valued at $44,348,000 after purchasing an additional 892,730 shares during the period.

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.