Vanguard Ultra-Short Bond ETF (BATS:VUSB) is Fonville Wealth Management LLC’s 3rd Largest Position

Fonville Wealth Management LLC lifted its holdings in Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 31.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 264,758 shares of the company’s stock after buying an additional 63,149 shares during the quarter. Vanguard Ultra-Short Bond ETF makes up about 5.2% of Fonville Wealth Management LLC’s portfolio, making the stock its 3rd biggest position. Fonville Wealth Management LLC owned 0.31% of Vanguard Ultra-Short Bond ETF worth $13,111,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Eagle Bay Advisors LLC bought a new position in Vanguard Ultra-Short Bond ETF in the 2nd quarter worth about $50,000. Kings Path Partners LLC purchased a new position in Vanguard Ultra-Short Bond ETF during the 2nd quarter worth $67,000. Creekmur Asset Management LLC bought a new stake in Vanguard Ultra-Short Bond ETF during the 4th quarter valued at $78,000. International Assets Investment Management LLC purchased a new stake in shares of Vanguard Ultra-Short Bond ETF in the 2nd quarter worth $85,000. Finally, Crewe Advisors LLC bought a new position in shares of Vanguard Ultra-Short Bond ETF during the 2nd quarter worth $101,000.

Vanguard Ultra-Short Bond ETF Stock Performance

Shares of BATS VUSB traded up $0.03 during midday trading on Friday, reaching $49.84. 674,398 shares of the company’s stock traded hands. The stock’s 50 day moving average is $49.59 and its 200 day moving average is $49.48.

Vanguard Ultra-Short Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were given a $0.2136 dividend. The ex-dividend date of this dividend was Thursday, August 1st. This is an increase from Vanguard Ultra-Short Bond ETF’s previous dividend of $0.21.

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.