Salem Investment Counselors Inc. Grows Stake in Vanguard Ultra-Short Bond ETF $VUSB

Salem Investment Counselors Inc. boosted its position in shares of Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 17.3% during the third quarter, Holdings Channel reports. The firm owned 94,906 shares of the company’s stock after buying an additional 13,965 shares during the quarter. Salem Investment Counselors Inc.’s holdings in Vanguard Ultra-Short Bond ETF were worth $4,745,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Envestnet Asset Management Inc. increased its holdings in Vanguard Ultra-Short Bond ETF by 104.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 170,424 shares of the company’s stock valued at $8,498,000 after acquiring an additional 86,878 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in Vanguard Ultra-Short Bond ETF by 12.1% in the 2nd quarter. Janney Montgomery Scott LLC now owns 13,753 shares of the company’s stock valued at $686,000 after buying an additional 1,482 shares in the last quarter. Sagard Holdings Management Inc. acquired a new stake in Vanguard Ultra-Short Bond ETF during the 2nd quarter valued at $3,500,000. XY Planning Network Inc. purchased a new position in Vanguard Ultra-Short Bond ETF during the second quarter worth $706,000. Finally, TruWealth Advisors LLC increased its position in Vanguard Ultra-Short Bond ETF by 8.3% during the third quarter. TruWealth Advisors LLC now owns 265,916 shares of the company’s stock worth $13,294,000 after buying an additional 20,336 shares in the last quarter.

Vanguard Ultra-Short Bond ETF Price Performance

Shares of VUSB stock opened at $49.92 on Wednesday. The firm has a 50-day moving average price of $49.89 and a 200 day moving average price of $49.83. Vanguard Ultra-Short Bond ETF has a twelve month low of $49.43 and a twelve month high of $49.98.

About Vanguard Ultra-Short Bond ETF

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.