Fortis Group Advisors LLC Buys 8,000 Shares of Vanguard Ultra-Short Bond ETF (BATS:VUSB)

Fortis Group Advisors LLC lifted its stake in shares of Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 41.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 27,353 shares of the company’s stock after purchasing an additional 8,000 shares during the period. Fortis Group Advisors LLC’s holdings in Vanguard Ultra-Short Bond ETF were worth $1,355,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Wells Fargo & Company MN boosted its holdings in Vanguard Ultra-Short Bond ETF by 114.0% during the fourth quarter. Wells Fargo & Company MN now owns 1,085,186 shares of the company’s stock worth $53,651,000 after buying an additional 578,086 shares during the last quarter. Waverly Advisors LLC increased its holdings in shares of Vanguard Ultra-Short Bond ETF by 1,307.8% in the first quarter. Waverly Advisors LLC now owns 491,199 shares of the company’s stock worth $24,339,000 after acquiring an additional 456,308 shares in the last quarter. Schulz Wealth LTD. acquired a new stake in shares of Vanguard Ultra-Short Bond ETF during the fourth quarter worth about $12,408,000. Cetera Investment Advisers raised its position in shares of Vanguard Ultra-Short Bond ETF by 1,578.4% during the first quarter. Cetera Investment Advisers now owns 185,378 shares of the company’s stock worth $9,185,000 after purchasing an additional 174,333 shares during the period. Finally, Focus Financial Network Inc. ADV acquired a new position in shares of Vanguard Ultra-Short Bond ETF in the 4th quarter valued at approximately $6,211,000.

Vanguard Ultra-Short Bond ETF Price Performance

Shares of VUSB stock traded up $0.03 on Friday, hitting $49.84. 674,398 shares of the stock were exchanged. The business has a fifty day moving average of $49.59 and a 200-day moving average of $49.48.

Vanguard Ultra-Short Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, August 5th. Shareholders of record on Thursday, August 1st were paid a $0.2136 dividend. This is an increase from Vanguard Ultra-Short Bond ETF’s previous dividend of $0.21. The ex-dividend date of this dividend was Thursday, August 1st.

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.