Vanguard Ultra-Short Bond ETF (BATS:VUSB – Get Free Report) was the target of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 749,292 shares, a drop of 62.5% from the May 14th total of 1,999,371 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily trading volume, of 2,059,398 shares, the days-to-cover ratio is presently 0.4 days.
Hedge Funds Weigh In On Vanguard Ultra-Short Bond ETF
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Olistico Wealth LLC purchased a new stake in Vanguard Ultra-Short Bond ETF during the fourth quarter worth approximately $25,000. Assetmark Inc. lifted its stake in Vanguard Ultra-Short Bond ETF by 236.4% during the fourth quarter. Assetmark Inc. now owns 518 shares of the company’s stock worth $26,000 after purchasing an additional 364 shares during the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in Vanguard Ultra-Short Bond ETF during the fourth quarter worth approximately $27,000. Kingdom Financial Group LLC. purchased a new stake in Vanguard Ultra-Short Bond ETF during the fourth quarter worth approximately $27,000. Finally, Safe Harbor Fiduciary LLC purchased a new stake in Vanguard Ultra-Short Bond ETF during the fourth quarter worth approximately $29,000.
Vanguard Ultra-Short Bond ETF Trading Up 0.1%
Shares of VUSB opened at $49.70 on Friday. The stock has a 50-day simple moving average of $49.72 and a 200-day simple moving average of $49.81. Vanguard Ultra-Short Bond ETF has a 1 year low of $49.61 and a 1 year high of $50.03.
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.
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