Vanguard Ultra-Short Bond ETF (BATS:VUSB) Sees Large Decrease in Short Interest

Vanguard Ultra-Short Bond ETF (BATS:VUSB) was the target of a significant drop in short interest in May. As of May 29th, there was short interest totaling 749,292 shares, a drop of 62.5% from the May 14th total of 1,999,371 shares. Based on an average trading volume of 2,059,398 shares, the short-interest ratio is presently 0.4 days. Currently, 0.7% of the company’s stock are short sold.

Vanguard Ultra-Short Bond ETF Stock Performance

Shares of BATS:VUSB opened at $49.70 on Friday. Vanguard Ultra-Short Bond ETF has a 1 year low of $49.61 and a 1 year high of $50.03. The business has a fifty day simple moving average of $49.72 and a 200 day simple moving average of $49.81.

Institutional Trading of Vanguard Ultra-Short Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Coyle Financial Counsel LLC raised its holdings in shares of Vanguard Ultra-Short Bond ETF by 20.8% during the third quarter. Coyle Financial Counsel LLC now owns 345,905 shares of the company’s stock worth $17,294,000 after acquiring an additional 59,580 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in Vanguard Ultra-Short Bond ETF by 6.6% during the third quarter. Envestnet Asset Management Inc. now owns 181,591 shares of the company’s stock valued at $9,079,000 after buying an additional 11,167 shares in the last quarter. Avion Wealth raised its holdings in Vanguard Ultra-Short Bond ETF by 11.6% during the fourth quarter. Avion Wealth now owns 1,310,153 shares of the company’s stock valued at $65,298,000 after buying an additional 135,885 shares in the last quarter. Clarius Group LLC raised its holdings in Vanguard Ultra-Short Bond ETF by 34.2% during the fourth quarter. Clarius Group LLC now owns 413,417 shares of the company’s stock valued at $20,605,000 after buying an additional 105,275 shares in the last quarter. Finally, Colony Family Offices LLC raised its holdings in Vanguard Ultra-Short Bond ETF by 7.8% during the fourth quarter. Colony Family Offices LLC now owns 249,692 shares of the company’s stock valued at $12,445,000 after buying an additional 18,061 shares in the last quarter.

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.