Convergence Financial LLC Cuts Stock Position in Vanguard Ultra-Short Bond ETF $VUSB

Convergence Financial LLC decreased its holdings in Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 77.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,113 shares of the company’s stock after selling 14,120 shares during the quarter. Convergence Financial LLC’s holdings in Vanguard Ultra-Short Bond ETF were worth $206,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. SJS Investment Consulting Inc. boosted its position in Vanguard Ultra-Short Bond ETF by 3.5% in the 3rd quarter. SJS Investment Consulting Inc. now owns 7,420 shares of the company’s stock valued at $371,000 after buying an additional 253 shares during the period. Robinson Smith Wealth Advisors LLC raised its stake in shares of Vanguard Ultra-Short Bond ETF by 5.1% in the second quarter. Robinson Smith Wealth Advisors LLC now owns 6,158 shares of the company’s stock valued at $307,000 after acquiring an additional 300 shares in the last quarter. MontVue Capital Management Inc. boosted its holdings in Vanguard Ultra-Short Bond ETF by 0.9% in the third quarter. MontVue Capital Management Inc. now owns 34,944 shares of the company’s stock valued at $1,747,000 after purchasing an additional 304 shares during the period. Truist Financial Corp grew its stake in Vanguard Ultra-Short Bond ETF by 1.6% during the 3rd quarter. Truist Financial Corp now owns 22,225 shares of the company’s stock worth $1,111,000 after purchasing an additional 344 shares in the last quarter. Finally, CWC Advisors LLC. raised its position in Vanguard Ultra-Short Bond ETF by 0.4% in the 3rd quarter. CWC Advisors LLC. now owns 97,803 shares of the company’s stock valued at $4,890,000 after purchasing an additional 363 shares in the last quarter.

Vanguard Ultra-Short Bond ETF Price Performance

VUSB stock opened at $49.97 on Friday. The business’s 50-day moving average is $49.89 and its two-hundred day moving average is $49.89. 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 company also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were paid a $0.1821 dividend. This is an increase from Vanguard Ultra-Short Bond ETF’s previous monthly dividend of $0.18. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date was Monday, February 2nd.

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.