Vanguard Ultra-Short Bond ETF $VUSB Holdings Trimmed by David Kennon Inc

David Kennon Inc lessened its stake in Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 3.4% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 508,769 shares of the company’s stock after selling 18,117 shares during the quarter. Vanguard Ultra-Short Bond ETF comprises 9.2% of David Kennon Inc’s portfolio, making the stock its 3rd largest holding. David Kennon Inc’s holdings in Vanguard Ultra-Short Bond ETF were worth $25,436,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. JPMorgan Chase & Co. increased its stake in shares of Vanguard Ultra-Short Bond ETF by 10.7% during the third quarter. JPMorgan Chase & Co. now owns 24,065,722 shares of the company’s stock worth $1,203,166,000 after buying an additional 2,317,449 shares during the period. Bank of America Corp DE grew its holdings in Vanguard Ultra-Short Bond ETF by 74.5% during the 2nd quarter. Bank of America Corp DE now owns 2,518,007 shares of the company’s stock worth $125,560,000 after acquiring an additional 1,075,161 shares in the last quarter. Spectrum Asset Management Inc. NB CA purchased a new stake in shares of Vanguard Ultra-Short Bond ETF in the 3rd quarter valued at approximately $21,421,000. Eagle Capital Management LLC acquired a new stake in shares of Vanguard Ultra-Short Bond ETF in the 3rd quarter valued at $18,547,000. Finally, MML Investors Services LLC raised its holdings in shares of Vanguard Ultra-Short Bond ETF by 298.5% in the 2nd quarter. MML Investors Services LLC now owns 394,701 shares of the company’s stock valued at $19,682,000 after purchasing an additional 295,659 shares in the last quarter.

Vanguard Ultra-Short Bond ETF Stock Up 0.0%

Vanguard Ultra-Short Bond ETF stock opened at $49.97 on Friday. The company has a fifty day simple moving average of $49.89 and a 200-day simple moving average of $49.88. Vanguard Ultra-Short Bond ETF has a 12-month low of $49.42 and a 12-month high of $50.03.

Vanguard Ultra-Short Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were given a dividend of $0.1821 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.4%. This is an increase from Vanguard Ultra-Short Bond ETF’s previous monthly dividend of $0.18.

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.