David Kennon Inc Raises Stock Position in Vanguard Ultra-Short Bond ETF (BATS:VUSB)

David Kennon Inc raised its stake in Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 4.5% in the 4th quarter, HoldingsChannel reports. The firm owned 467,321 shares of the company’s stock after acquiring an additional 19,935 shares during the quarter. Vanguard Ultra-Short Bond ETF makes up 9.1% of David Kennon Inc’s portfolio, making the stock its 3rd biggest position. David Kennon Inc’s holdings in Vanguard Ultra-Short Bond ETF were worth $23,188,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in VUSB. Hummer Financial Advisory Services Inc acquired a new stake in Vanguard Ultra-Short Bond ETF in the 3rd quarter valued at $210,000. Pinnacle Associates Ltd. bought a new stake in shares of Vanguard Ultra-Short Bond ETF during the third quarter worth about $225,000. CFS Investment Advisory Services LLC raised its holdings in shares of Vanguard Ultra-Short Bond ETF by 5.9% in the 4th quarter. CFS Investment Advisory Services LLC now owns 4,704 shares of the company’s stock worth $233,000 after acquiring an additional 261 shares during the last quarter. Zhang Financial LLC bought a new position in Vanguard Ultra-Short Bond ETF in the 4th quarter valued at about $244,000. Finally, Mutual Advisors LLC bought a new position in Vanguard Ultra-Short Bond ETF in the 4th quarter valued at about $245,000.

Vanguard Ultra-Short Bond ETF Price Performance

Shares of VUSB opened at $49.80 on Wednesday. The business’s 50 day moving average is $49.69 and its 200 day moving average is $49.71.

Vanguard Ultra-Short Bond ETF Company Profile

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.