Fortis Advisors LLC Reduces Stake in Vanguard Ultra-Short Bond ETF (BATS:VUSB)

Fortis Advisors LLC lessened its holdings in Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 8.9% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 353,995 shares of the company’s stock after selling 34,541 shares during the period. Vanguard Ultra-Short Bond ETF comprises 11.5% of Fortis Advisors LLC’s holdings, making the stock its biggest position. Fortis Advisors LLC owned 0.42% of Vanguard Ultra-Short Bond ETF worth $17,679,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Atria Wealth Solutions Inc. raised its holdings in Vanguard Ultra-Short Bond ETF by 47.9% in the second quarter. Atria Wealth Solutions Inc. now owns 38,915 shares of the company’s stock worth $1,927,000 after purchasing an additional 12,604 shares in the last quarter. Kitching Partners LLC raised its stake in shares of Vanguard Ultra-Short Bond ETF by 7.3% during the 2nd quarter. Kitching Partners LLC now owns 58,537 shares of the company’s stock worth $2,899,000 after acquiring an additional 4,005 shares in the last quarter. Strategic Investment Solutions Inc. IL purchased a new stake in Vanguard Ultra-Short Bond ETF during the second quarter valued at approximately $2,471,000. Cetera Investment Advisers boosted its stake in Vanguard Ultra-Short Bond ETF by 1,578.4% in the first quarter. Cetera Investment Advisers now owns 185,378 shares of the company’s stock valued at $9,185,000 after acquiring an additional 174,333 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings in Vanguard Ultra-Short Bond ETF by 4.4% in the second quarter. Commonwealth Equity Services LLC now owns 165,151 shares of the company’s stock worth $8,178,000 after purchasing an additional 7,004 shares during the last quarter.

Vanguard Ultra-Short Bond ETF Stock Performance

Shares of VUSB stock opened at $49.71 on Tuesday. The business’s 50-day simple moving average is $49.78 and its two-hundred day simple moving average is $49.62.

Vanguard Ultra-Short Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given 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.