Vanguard Ultra-Short Bond ETF (BATS:VUSB) Sees Significant Decline in Short Interest

Vanguard Ultra-Short Bond ETF (BATS:VUSB) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 295,837 shares, a decrease of 50.1% from the August 31st total of 592,980 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 1,925,756 shares, the days-to-cover ratio is presently 0.2 days.

Vanguard Ultra-Short Bond ETF Trading Up 0.1%

VUSB opened at $49.55 on Wednesday. Vanguard Ultra-Short Bond ETF has a one year low of $49.50 and a one year high of $50.03. The business’s 50-day simple moving average is $49.65 and its 200-day simple moving average is $49.69.

Hedge Funds Weigh In On Vanguard Ultra-Short Bond ETF

Several hedge funds have recently added to or reduced their stakes in the stock. Atomic Invest LLC lifted its position in shares of Vanguard Ultra-Short Bond ETF by 159.2% during the 2nd quarter. Atomic Invest LLC now owns 47,602 shares of the company’s stock worth $2,370,000 after buying an additional 29,235 shares during the last quarter. Sequoia Financial Advisors LLC acquired a new position in shares of Vanguard Ultra-Short Bond ETF in the 2nd quarter valued at $435,000. Capital Advantage Inc. grew its position in shares of Vanguard Ultra-Short Bond ETF by 18.6% in the 2nd quarter. Capital Advantage Inc. now owns 412,453 shares of the company’s stock valued at $20,532,000 after buying an additional 64,545 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC grew its position in shares of Vanguard Ultra-Short Bond ETF by 33.9% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 6,817 shares of the company’s stock valued at $339,000 after buying an additional 1,725 shares during the last quarter. Finally, Integrated Wealth Concepts LLC raised its stake in Vanguard Ultra-Short Bond ETF by 3.2% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 57,654 shares of the company’s stock worth $2,870,000 after acquiring an additional 1,781 shares in the last quarter.

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.