Fonville Wealth Management LLC Takes Position in Vanguard Ultra-Short Bond ETF (BATS:VUSB)

Fonville Wealth Management LLC acquired a new stake in Vanguard Ultra-Short Bond ETF (BATS:VUSB) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 170,915 shares of the company’s stock, valued at approximately $8,450,000. Vanguard Ultra-Short Bond ETF makes up 4.5% of Fonville Wealth Management LLC’s portfolio, making the stock its 3rd largest holding. Fonville Wealth Management LLC owned 0.25% of Vanguard Ultra-Short Bond ETF at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the business. Roble Belko & Company Inc boosted its stake in Vanguard Ultra-Short Bond ETF by 2.2% in the third quarter. Roble Belko & Company Inc now owns 201,596 shares of the company’s stock worth $9,916,000 after purchasing an additional 4,271 shares in the last quarter. Rinkey Investments boosted its position in Vanguard Ultra-Short Bond ETF by 3.2% during the third quarter. Rinkey Investments now owns 10,743 shares of the company’s stock valued at $528,000 after purchasing an additional 332 shares during the last quarter. Palisades Hudson Asset Management L.P. boosted its position in Vanguard Ultra-Short Bond ETF by 6.5% during the third quarter. Palisades Hudson Asset Management L.P. now owns 58,926 shares of the company’s stock valued at $2,899,000 after purchasing an additional 3,579 shares during the last quarter. AdvisorNet Financial Inc lifted its position in shares of Vanguard Ultra-Short Bond ETF by 242.6% in the fourth quarter. AdvisorNet Financial Inc now owns 7,304 shares of the company’s stock valued at $361,000 after buying an additional 5,172 shares during the last quarter. Finally, TIAA Trust National Association acquired a new stake in shares of Vanguard Ultra-Short Bond ETF in the third quarter valued at approximately $908,000.

Vanguard Ultra-Short Bond ETF Trading Down 0.0 %

Shares of BATS VUSB traded down $0.02 during trading hours on Thursday, reaching $49.37. 375,953 shares of the stock were exchanged. The company’s 50 day simple moving average is $49.44 and its two-hundred day simple moving average is $49.36.

Vanguard Ultra-Short Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.2278 per share. The ex-dividend date of this dividend was Monday, April 1st. This is a positive change from Vanguard Ultra-Short Bond ETF’s previous dividend of $0.22.

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.