C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Purchases Shares of 7,488 Vanguard Ultra-Short Bond ETF (BATS:VUSB)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in shares of Vanguard Ultra-Short Bond ETF (BATS:VUSB) during the fourth quarter, HoldingsChannel reports. The firm acquired 7,488 shares of the company’s stock, valued at approximately $372,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VUSB. JPMorgan Chase & Co. boosted its stake in shares of Vanguard Ultra-Short Bond ETF by 9.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 18,913,851 shares of the company’s stock worth $944,558,000 after acquiring an additional 1,589,803 shares during the period. Global Wealth Management LLC bought a new stake in shares of Vanguard Ultra-Short Bond ETF during the third quarter worth approximately $14,456,000. Founders Grove Wealth Partners LLC bought a new position in shares of Vanguard Ultra-Short Bond ETF during the fourth quarter worth approximately $8,976,000. HighTower Advisors LLC increased its stake in shares of Vanguard Ultra-Short Bond ETF by 32.4% during the third quarter. HighTower Advisors LLC now owns 550,461 shares of the company’s stock worth $27,467,000 after purchasing an additional 134,822 shares during the period. Finally, Kitching Partners LLC lifted its holdings in Vanguard Ultra-Short Bond ETF by 226.1% during the 3rd quarter. Kitching Partners LLC now owns 190,891 shares of the company’s stock worth $9,533,000 after purchasing an additional 132,354 shares during the last quarter.

Vanguard Ultra-Short Bond ETF Price Performance

Shares of Vanguard Ultra-Short Bond ETF stock opened at $49.72 on Friday. The company has a 50-day simple moving average of $49.68 and a 200-day simple moving average of $49.72.

Vanguard Ultra-Short Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a $0.2123 dividend. This is a boost from Vanguard Ultra-Short Bond ETF’s previous dividend of $0.21. The ex-dividend date was Monday, February 3rd.

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.