MontVue Capital Management Inc. Has $1.86 Million Holdings in Vanguard Ultra-Short Bond ETF (BATS:VUSB)

MontVue Capital Management Inc. trimmed its stake in shares of Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 4.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 37,461 shares of the company’s stock after selling 1,611 shares during the period. Vanguard Ultra-Short Bond ETF makes up about 1.4% of MontVue Capital Management Inc.’s investment portfolio, making the stock its 16th biggest position. MontVue Capital Management Inc.’s holdings in Vanguard Ultra-Short Bond ETF were worth $1,859,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of VUSB. Hummer Financial Advisory Services Inc acquired a new stake in Vanguard Ultra-Short Bond ETF in the third quarter worth about $210,000. Pinnacle Associates Ltd. acquired a new stake in shares of Vanguard Ultra-Short Bond ETF during the 3rd quarter worth approximately $225,000. CFS Investment Advisory Services LLC raised its stake in shares of Vanguard Ultra-Short Bond ETF by 5.9% during the fourth quarter. CFS Investment Advisory Services LLC now owns 4,704 shares of the company’s stock worth $233,000 after buying an additional 261 shares during the last quarter. Zhang Financial LLC acquired a new position in Vanguard Ultra-Short Bond ETF in the fourth quarter valued at approximately $244,000. Finally, Mutual Advisors LLC bought a new position in Vanguard Ultra-Short Bond ETF in the fourth quarter valued at approximately $245,000.

Vanguard Ultra-Short Bond ETF Price Performance

VUSB opened at $49.65 on Thursday. The stock’s 50 day simple moving average is $49.68 and its two-hundred day simple moving average is $49.72.

Vanguard Ultra-Short Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a $0.2123 dividend. The ex-dividend date of this dividend was Monday, February 3rd. 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.