Vanguard Ultra-Short Bond ETF $VUSB Shares Sold by David Kennon Inc

David Kennon Inc cut its holdings in Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 3.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 508,769 shares of the company’s stock after selling 18,117 shares during the period. Vanguard Ultra-Short Bond ETF accounts for about 9.2% of David Kennon Inc’s portfolio, making the stock its 3rd largest holding. David Kennon Inc owned approximately 0.48% of Vanguard Ultra-Short Bond ETF worth $25,436,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its position in Vanguard Ultra-Short Bond ETF by 10.7% in the third quarter. JPMorgan Chase & Co. now owns 24,065,722 shares of the company’s stock valued at $1,203,166,000 after purchasing an additional 2,317,449 shares during the period. Bank of America Corp DE increased its position in shares of Vanguard Ultra-Short Bond ETF by 74.5% during the 2nd quarter. Bank of America Corp DE now owns 2,518,007 shares of the company’s stock worth $125,560,000 after purchasing an additional 1,075,161 shares during the last quarter. Blue Trust Inc. raised its holdings in Vanguard Ultra-Short Bond ETF by 8.5% in the 3rd quarter. Blue Trust Inc. now owns 2,016,210 shares of the company’s stock valued at $100,800,000 after buying an additional 157,980 shares during the period. HighTower Advisors LLC lifted its position in Vanguard Ultra-Short Bond ETF by 23.4% in the third quarter. HighTower Advisors LLC now owns 1,325,838 shares of the company’s stock valued at $66,285,000 after buying an additional 251,805 shares during the last quarter. Finally, Avion Wealth boosted its stake in Vanguard Ultra-Short Bond ETF by 2.2% during the third quarter. Avion Wealth now owns 1,174,268 shares of the company’s stock worth $58,707,000 after buying an additional 24,958 shares during the period.

Vanguard Ultra-Short Bond ETF Trading Up 0.0%

Shares of VUSB opened at $49.97 on Friday. The firm has a 50-day simple moving average of $49.89 and a two-hundred day simple moving average of $49.88. Vanguard Ultra-Short Bond ETF has a 1-year low of $49.42 and a 1-year high of $50.03.

Vanguard Ultra-Short Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were issued a $0.1821 dividend. This is a boost from Vanguard Ultra-Short Bond ETF’s previous monthly dividend of $0.18. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.4%.

Vanguard Ultra-Short Bond ETF 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.