Fortis Advisors LLC Sells 34,541 Shares of Vanguard Ultra-Short Bond ETF (BATS:VUSB)

Fortis Advisors LLC reduced its stake in shares of Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 8.9% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 353,995 shares of the company’s stock after selling 34,541 shares during the quarter. Vanguard Ultra-Short Bond ETF accounts for approximately 11.5% of Fortis Advisors LLC’s investment portfolio, making the stock its biggest holding. Fortis Advisors LLC’s holdings in Vanguard Ultra-Short Bond ETF were worth $17,679,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in VUSB. Eagle Bay Advisors LLC purchased a new stake in shares of Vanguard Ultra-Short Bond ETF in the second quarter worth about $50,000. Kings Path Partners LLC acquired a new stake in shares of Vanguard Ultra-Short Bond ETF in the second quarter valued at approximately $67,000. International Assets Investment Management LLC purchased a new position in Vanguard Ultra-Short Bond ETF during the second quarter worth approximately $85,000. Crewe Advisors LLC acquired a new position in Vanguard Ultra-Short Bond ETF during the second quarter worth $101,000. Finally, Wesbanco Bank Inc. acquired a new position in Vanguard Ultra-Short Bond ETF during the second quarter worth $200,000.

Vanguard Ultra-Short Bond ETF Stock Up 0.1 %

Vanguard Ultra-Short Bond ETF stock opened at $49.71 on Tuesday. The stock’s 50-day moving average price is $49.78 and its 200-day moving average price is $49.62.

Vanguard Ultra-Short Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were paid a $0.2084 dividend. 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.