Lowe Brockenbrough & Co. Inc. Has $21.66 Million Stock Holdings in Vanguard Ultra-Short Bond ETF $VUSB

Lowe Brockenbrough & Co. Inc. boosted its position in Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 6.4% during the first quarter, HoldingsChannel.com reports. The fund owned 435,003 shares of the company’s stock after buying an additional 26,285 shares during the quarter. Vanguard Ultra-Short Bond ETF makes up 1.1% of Lowe Brockenbrough & Co. Inc.’s portfolio, making the stock its 23rd biggest position. Lowe Brockenbrough & Co. Inc.’s holdings in Vanguard Ultra-Short Bond ETF were worth $21,657,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in shares of Vanguard Ultra-Short Bond ETF by 4.2% in the 4th quarter. JPMorgan Chase & Co. now owns 25,077,867 shares of the company’s stock valued at $1,249,881,000 after purchasing an additional 1,012,145 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of Vanguard Ultra-Short Bond ETF by 11.8% in the 4th quarter. Wells Fargo & Company MN now owns 2,847,457 shares of the company’s stock valued at $141,917,000 after purchasing an additional 300,671 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Vanguard Ultra-Short Bond ETF by 10.6% during the 3rd quarter. Bank of America Corp DE now owns 2,785,393 shares of the company’s stock worth $139,256,000 after buying an additional 267,386 shares in the last quarter. LPL Financial LLC raised its holdings in shares of Vanguard Ultra-Short Bond ETF by 72.1% during the 4th quarter. LPL Financial LLC now owns 2,011,548 shares of the company’s stock worth $100,256,000 after buying an additional 842,842 shares in the last quarter. Finally, Blue Trust Inc. lifted its position in shares of Vanguard Ultra-Short Bond ETF by 3.2% during the 1st quarter. Blue Trust Inc. now owns 2,008,209 shares of the company’s stock worth $99,979,000 after buying an additional 63,160 shares during the last quarter.

Vanguard Ultra-Short Bond ETF Price Performance

BATS:VUSB opened at $49.69 on Monday. The stock’s 50-day simple moving average is $49.70 and its 200 day simple moving average is $49.78. Vanguard Ultra-Short Bond ETF has a twelve month low of $49.60 and a twelve month high of $50.03.

About Vanguard Ultra-Short Bond ETF

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.