Vanguard Ultra-Short Bond ETF (BATS:VUSB) Hits New 1-Year Low – Here’s What Happened

Vanguard Ultra-Short Bond ETF (BATS:VUSB)’s stock price reached a new 52-week low on Monday . The company traded as low as $49.54 and last traded at $49.5550, with a volume of 1746162 shares changing hands. The stock had previously closed at $49.54.

Vanguard Ultra-Short Bond ETF Price Performance

The firm’s 50 day simple moving average is $49.67 and its 200-day simple moving average is $49.70.

Institutional Trading of Vanguard Ultra-Short Bond ETF

A number of institutional investors have recently modified their holdings of VUSB. Kingdom Financial Group LLC. acquired a new position in Vanguard Ultra-Short Bond ETF during the fourth quarter worth $27,000. Cassaday & Co Wealth Management LLC acquired a new stake in Vanguard Ultra-Short Bond ETF in the first quarter valued at $32,000. NBH Bank purchased a new stake in shares of Vanguard Ultra-Short Bond ETF during the 2nd quarter worth $37,000. Elevation Wealth Partners LLC purchased a new stake in shares of Vanguard Ultra-Short Bond ETF during the 2nd quarter worth $75,000. Finally, Cornerstone Financial Management LLC grew its stake in shares of Vanguard Ultra-Short Bond ETF by 648.3% during the 2nd quarter. Cornerstone Financial Management LLC now owns 1,579 shares of the company’s stock worth $79,000 after purchasing an additional 1,368 shares during the period.

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.