Spectrum Asset Management Inc. NB CA Acquires 14,161 Shares of Vanguard Ultra-Short Bond ETF $VUSB

Spectrum Asset Management Inc. NB CA raised its holdings in shares of Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 3.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 466,556 shares of the company’s stock after buying an additional 14,161 shares during the quarter. Vanguard Ultra-Short Bond ETF comprises about 7.4% of Spectrum Asset Management Inc. NB CA’s portfolio, making the stock its 2nd biggest holding. Spectrum Asset Management Inc. NB CA’s holdings in Vanguard Ultra-Short Bond ETF were worth $23,227,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Olistico Wealth LLC purchased a new position in shares of Vanguard Ultra-Short Bond ETF in the fourth quarter worth about $25,000. Assetmark Inc. boosted its position in Vanguard Ultra-Short Bond ETF by 236.4% during the fourth quarter. Assetmark Inc. now owns 518 shares of the company’s stock worth $26,000 after acquiring an additional 364 shares during the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in Vanguard Ultra-Short Bond ETF during the 4th quarter valued at about $27,000. Kingdom Financial Group LLC. purchased a new stake in Vanguard Ultra-Short Bond ETF during the 4th quarter valued at about $27,000. Finally, Safe Harbor Fiduciary LLC acquired a new stake in Vanguard Ultra-Short Bond ETF in the 4th quarter valued at about $29,000.

Vanguard Ultra-Short Bond ETF Trading Up 0.1%

VUSB stock opened at $49.78 on Friday. The firm has a 50-day moving average of $49.73 and a two-hundred day moving average of $49.80. Vanguard Ultra-Short Bond ETF has a 12 month low of $49.61 and a 12 month high of $50.03.

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.