Founders Grove Wealth Partners LLC Acquires New Shares in Vanguard Ultra-Short Bond ETF (BATS:VUSB)

Founders Grove Wealth Partners LLC acquired a new position in shares of Vanguard Ultra-Short Bond ETF (BATS:VUSB) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 180,904 shares of the company’s stock, valued at approximately $8,976,000. Vanguard Ultra-Short Bond ETF comprises approximately 2.6% of Founders Grove Wealth Partners LLC’s portfolio, making the stock its 9th largest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Ruedi Wealth Management Inc. lifted its holdings in shares of Vanguard Ultra-Short Bond ETF by 1.3% during the third quarter. Ruedi Wealth Management Inc. now owns 16,607 shares of the company’s stock worth $829,000 after purchasing an additional 211 shares during the period. Latitude Advisors LLC boosted its holdings in Vanguard Ultra-Short Bond ETF by 1.7% in the third quarter. Latitude Advisors LLC now owns 13,288 shares of the company’s stock valued at $664,000 after acquiring an additional 221 shares during the last quarter. Bath Savings Trust Co increased its position in Vanguard Ultra-Short Bond ETF by 4.1% during the 4th quarter. Bath Savings Trust Co now owns 6,400 shares of the company’s stock valued at $318,000 after purchasing an additional 250 shares during the period. Lebenthal Global Advisors LLC raised its holdings in Vanguard Ultra-Short Bond ETF by 1.4% during the 3rd quarter. Lebenthal Global Advisors LLC now owns 24,277 shares of the company’s stock worth $1,212,000 after purchasing an additional 332 shares during the last quarter. Finally, Private Advisor Group LLC raised its holdings in Vanguard Ultra-Short Bond ETF by 3.6% during the 2nd quarter. Private Advisor Group LLC now owns 12,343 shares of the company’s stock worth $611,000 after purchasing an additional 424 shares during the last quarter.

Vanguard Ultra-Short Bond ETF Stock Performance

BATS:VUSB opened at $49.67 on Wednesday. The company has a 50 day moving average price of $49.68 and a two-hundred day moving average price of $49.69.

Vanguard Ultra-Short Bond ETF Cuts Dividend

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

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.