Vanguard Ultra-Short Bond ETF (BATS:VUSB) Hits New 1-Year Low – Should You Sell?

Vanguard Ultra-Short Bond ETF (BATS:VUSB)’s stock price reached a new 52-week low on Monday . The company traded as low as $49.54 and last traded at $49.5450, with a volume of 117733 shares traded. The stock had previously closed at $49.55.

Vanguard Ultra-Short Bond ETF Stock Down 0.0%

The stock’s fifty day simple moving average is $49.68 and its two-hundred day simple moving average is $49.72.

Hedge Funds Weigh In On Vanguard Ultra-Short Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of VUSB. Kingdom Financial Group LLC. acquired a new stake in Vanguard Ultra-Short Bond ETF during the 4th quarter worth approximately $27,000. Safe Harbor Fiduciary LLC purchased a new stake in Vanguard Ultra-Short Bond ETF during the fourth quarter worth approximately $29,000. Triumph Capital Management acquired a new stake in shares of Vanguard Ultra-Short Bond ETF in the third quarter worth $30,000. Cassaday & Co Wealth Management LLC purchased a new position in shares of Vanguard Ultra-Short Bond ETF in the 1st quarter valued at $32,000. Finally, NBH Bank acquired a new position in shares of Vanguard Ultra-Short Bond ETF during the 2nd quarter valued at $37,000.

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.