Raymond James Financial Inc. Invests $16.22 Million in Vanguard Ultra-Short Bond ETF (BATS:VUSB)

Raymond James Financial Inc. bought a new position in shares of Vanguard Ultra-Short Bond ETF (BATS:VUSB) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 326,964 shares of the company’s stock, valued at approximately $16,224,000. Raymond James Financial Inc. owned about 0.39% of Vanguard Ultra-Short Bond ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in VUSB. JPMorgan Chase & Co. raised its position in shares of Vanguard Ultra-Short Bond ETF by 9.2% during the third quarter. JPMorgan Chase & Co. now owns 18,913,851 shares of the company’s stock worth $944,558,000 after acquiring an additional 1,589,803 shares during the last quarter. Life Planning Partners Inc grew its stake in shares of Vanguard Ultra-Short Bond ETF by 4,730.1% during the fourth quarter. Life Planning Partners Inc now owns 728,570 shares of the company’s stock worth $36,152,000 after purchasing an additional 713,486 shares during the period. Founders Grove Wealth Partners LLC acquired a new stake in shares of Vanguard Ultra-Short Bond ETF during the fourth quarter worth $8,976,000. HighTower Advisors LLC grew its stake in shares of Vanguard Ultra-Short Bond ETF by 32.4% during the third quarter. HighTower Advisors LLC now owns 550,461 shares of the company’s stock worth $27,467,000 after purchasing an additional 134,822 shares during the period. Finally, Kitching Partners LLC grew its stake in shares of Vanguard Ultra-Short Bond ETF by 226.1% during the third quarter. Kitching Partners LLC now owns 190,891 shares of the company’s stock worth $9,533,000 after purchasing an additional 132,354 shares during the period.

Vanguard Ultra-Short Bond ETF Stock Up 0.1 %

Shares of Vanguard Ultra-Short Bond ETF stock opened at $49.74 on Tuesday. Vanguard Ultra-Short Bond ETF has a 12 month low of $49.24 and a 12 month high of $49.98. The business has a fifty day simple moving average of $49.72 and a 200 day simple moving average of $49.73.

Vanguard Ultra-Short Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were paid a dividend of $0.1866 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.