Leeward Financial Partners LLC Trims Position in Vanguard Ultra-Short Bond ETF $VUSB

Leeward Financial Partners LLC lowered its stake in Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 25.9% during the third quarter, HoldingsChannel reports. The institutional investor owned 91,064 shares of the company’s stock after selling 31,858 shares during the quarter. Vanguard Ultra-Short Bond ETF comprises about 1.3% of Leeward Financial Partners LLC’s investment portfolio, making the stock its 25th biggest position. Leeward Financial Partners LLC’s holdings in Vanguard Ultra-Short Bond ETF were worth $4,553,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. raised its stake in Vanguard Ultra-Short Bond ETF by 10.7% in the third 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 boosted its position in shares of Vanguard Ultra-Short Bond ETF by 74.5% in 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 in the last quarter. Blue Trust Inc. raised its holdings in shares of 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 worth $100,800,000 after acquiring an additional 157,980 shares during the last quarter. Wharton Business Group LLC boosted 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 worth $68,389,000 after acquiring an additional 57,905 shares during the last quarter. Finally, HighTower Advisors LLC lifted its holdings in shares of Vanguard Ultra-Short Bond ETF by 23.4% during the 3rd quarter. HighTower Advisors LLC now owns 1,325,838 shares of the company’s stock worth $66,285,000 after acquiring an additional 251,805 shares during the period.

Vanguard Ultra-Short Bond ETF Price Performance

Vanguard Ultra-Short Bond ETF stock opened at $49.81 on Thursday. Vanguard Ultra-Short Bond ETF has a 52-week low of $49.42 and a 52-week high of $50.03. The firm has a fifty day moving average of $49.91 and a 200-day moving average of $49.89.

Vanguard Ultra-Short Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a $0.1653 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.0%.

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.