Palisades Hudson Asset Management L.P. Has $3.42 Million Stock Position in Vanguard Ultra-Short Bond ETF (BATS:VUSB)

Palisades Hudson Asset Management L.P. increased its stake in shares of Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 10.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 68,406 shares of the company’s stock after buying an additional 6,498 shares during the quarter. Vanguard Ultra-Short Bond ETF accounts for about 1.4% of Palisades Hudson Asset Management L.P.’s investment portfolio, making the stock its 17th largest position. Palisades Hudson Asset Management L.P.’s holdings in Vanguard Ultra-Short Bond ETF were worth $3,416,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also bought and sold shares of VUSB. Eagle Bay Advisors LLC bought a new position in shares of Vanguard Ultra-Short Bond ETF in the second quarter valued at about $50,000. Kings Path Partners LLC acquired a new position in shares of Vanguard Ultra-Short Bond ETF during the second quarter worth approximately $67,000. International Assets Investment Management LLC bought a new stake in shares of Vanguard Ultra-Short Bond ETF during the second quarter valued at approximately $85,000. Crewe Advisors LLC acquired a new position in Vanguard Ultra-Short Bond ETF during the 2nd quarter worth $101,000. Finally, Wesbanco Bank Inc. bought a new position in Vanguard Ultra-Short Bond ETF in the 2nd quarter valued at $200,000.

Vanguard Ultra-Short Bond ETF Stock Up 0.0 %

Shares of VUSB stock traded up $0.02 on Monday, reaching $49.62. 1,320,748 shares of the stock were exchanged. The firm’s 50 day moving average price is $49.80 and its 200 day moving average price is $49.60.

Vanguard Ultra-Short Bond ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st will be given a dividend of $0.2084 per share. The ex-dividend date is Friday, November 1st.

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.