Red Wave Investments LLC Buys 16,465 Shares of Vanguard Ultra-Short Bond ETF $VUSB

Red Wave Investments LLC boosted its position in Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 2.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 653,738 shares of the company’s stock after purchasing an additional 16,465 shares during the quarter. Vanguard Ultra-Short Bond ETF comprises approximately 9.7% of Red Wave Investments LLC’s investment portfolio, making the stock its 2nd largest position. Red Wave Investments LLC owned about 0.61% of Vanguard Ultra-Short Bond ETF worth $32,582,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Olistico Wealth LLC acquired a new position in Vanguard Ultra-Short Bond ETF during the fourth quarter worth about $25,000. Assetmark Inc. boosted its position in Vanguard Ultra-Short Bond ETF by 236.4% during the fourth quarter. Assetmark Inc. now owns 518 shares of the company’s stock worth $26,000 after acquiring an additional 364 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new position in Vanguard Ultra-Short Bond ETF during the fourth quarter worth about $27,000. Triumph Capital Management acquired a new position in Vanguard Ultra-Short Bond ETF during the third quarter worth about $30,000. Finally, Salomon & Ludwin LLC acquired a new position in Vanguard Ultra-Short Bond ETF during the fourth quarter worth about $31,000.

Vanguard Ultra-Short Bond ETF Stock Performance

VUSB opened at $49.74 on Thursday. Vanguard Ultra-Short Bond ETF has a twelve month low of $49.58 and a twelve month high of $50.03. The firm’s 50-day moving average price is $49.73 and its 200 day moving average price is $49.83.

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.