Founders Grove Wealth Partners LLC Buys 24,181 Shares of Vanguard Ultra-Short Bond ETF $VUSB

Founders Grove Wealth Partners LLC grew its stake in Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 10.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 245,918 shares of the company’s stock after buying an additional 24,181 shares during the period. Vanguard Ultra-Short Bond ETF accounts for about 2.8% of Founders Grove Wealth Partners LLC’s holdings, making the stock its 8th biggest holding. Founders Grove Wealth Partners LLC owned 0.23% of Vanguard Ultra-Short Bond ETF worth $12,257,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VUSB. SJS Investment Consulting Inc. boosted its stake in Vanguard Ultra-Short Bond ETF by 3.5% during the third quarter. SJS Investment Consulting Inc. now owns 7,420 shares of the company’s stock worth $371,000 after acquiring an additional 253 shares in the last quarter. Park Avenue Securities LLC increased its stake in Vanguard Ultra-Short Bond ETF by 7.4% in the fourth quarter. Park Avenue Securities LLC now owns 4,365 shares of the company’s stock valued at $218,000 after purchasing an additional 300 shares in the last quarter. Inspirion Wealth Advisors LLC raised its holdings in shares of Vanguard Ultra-Short Bond ETF by 6.1% during the fourth quarter. Inspirion Wealth Advisors LLC now owns 5,303 shares of the company’s stock valued at $264,000 after purchasing an additional 303 shares during the period. MontVue Capital Management Inc. raised its holdings in shares of Vanguard Ultra-Short Bond ETF by 0.9% during 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. Finally, Truist Financial Corp boosted its position in shares of 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.

Vanguard Ultra-Short Bond ETF Stock Performance

Shares of VUSB opened at $49.71 on Wednesday. The stock has a 50-day moving average of $49.88 and a 200-day moving average of $49.88. Vanguard Ultra-Short Bond ETF has a one year low of $49.42 and a one year high of $50.03.

Vanguard Ultra-Short Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a $0.1653 dividend. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend was Monday, March 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.