Summit Asset Management LLC Sells 5,200 Shares of Vanguard Ultra-Short Bond ETF (BATS:VUSB)

Summit Asset Management LLC trimmed its position in shares of Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 40.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,630 shares of the company’s stock after selling 5,200 shares during the period. Summit Asset Management LLC’s holdings in Vanguard Ultra-Short Bond ETF were worth $381,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of VUSB. Pinnacle Wealth Planning Services Inc. raised its position in shares of Vanguard Ultra-Short Bond ETF by 26.8% during the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 7,743 shares of the company’s stock valued at $384,000 after purchasing an additional 1,637 shares during the period. InterOcean Capital Group LLC raised its position in shares of Vanguard Ultra-Short Bond ETF by 1.9% during the 1st quarter. InterOcean Capital Group LLC now owns 424,908 shares of the company’s stock valued at $21,054,000 after purchasing an additional 7,809 shares during the period. OLD Mission Capital LLC purchased a new position in Vanguard Ultra-Short Bond ETF during the first quarter valued at $4,603,000. Flow Traders U.S. LLC grew its stake in Vanguard Ultra-Short Bond ETF by 530.4% during the first quarter. Flow Traders U.S. LLC now owns 75,230 shares of the company’s stock valued at $3,728,000 after acquiring an additional 63,296 shares in the last quarter. Finally, Waverly Advisors LLC grew its stake in Vanguard Ultra-Short Bond ETF by 1,307.8% during the first quarter. Waverly Advisors LLC now owns 491,199 shares of the company’s stock valued at $24,339,000 after acquiring an additional 456,308 shares in the last quarter.

Vanguard Ultra-Short Bond ETF Price Performance

VUSB opened at $49.67 on Thursday. The company’s fifty day moving average is $49.78 and its two-hundred day moving average is $49.61.

Vanguard Ultra-Short Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a dividend of $0.2084 per share. The ex-dividend date of this dividend was Friday, November 1st.

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.