C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Invests $372,000 in Vanguard Ultra-Short Bond ETF (BATS:VUSB)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in shares of Vanguard Ultra-Short Bond ETF (BATS:VUSB) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 7,488 shares of the company’s stock, valued at approximately $372,000.

Several other hedge funds have also recently made changes to their positions in VUSB. Pinnacle Associates Ltd. purchased a new stake in Vanguard Ultra-Short Bond ETF during the 3rd quarter valued at about $225,000. CFS Investment Advisory Services LLC increased its holdings in Vanguard Ultra-Short Bond ETF by 5.9% in the 4th 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 period. Zhang Financial LLC acquired a new position in Vanguard Ultra-Short Bond ETF in the 4th quarter worth approximately $244,000. Mutual Advisors LLC purchased a new position in Vanguard Ultra-Short Bond ETF during the 4th quarter worth approximately $245,000. Finally, Quadrant Private Wealth Management LLC acquired a new stake in Vanguard Ultra-Short Bond ETF during the 4th quarter valued at approximately $250,000.

Vanguard Ultra-Short Bond ETF Trading Up 0.1 %

BATS:VUSB opened at $49.74 on Thursday. The business has a fifty day simple moving average of $49.68 and a two-hundred day simple moving average of $49.73.

Vanguard Ultra-Short Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were given a dividend of $0.2123 per share. This is an increase from Vanguard Ultra-Short Bond ETF’s previous dividend of $0.21. The ex-dividend date of this dividend was Monday, February 3rd.

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.