Vanguard Ultra-Short Bond ETF (BATS:VUSB) Plans Dividend Increase – $0.23 Per Share

Vanguard Ultra-Short Bond ETF (BATS:VUSB) announced a dividend on Wednesday, March 27th, NASDAQ reports. Stockholders of record on Tuesday, April 2nd will be given a dividend of 0.2278 per share on Thursday, April 4th. The ex-dividend date is Monday, April 1st. This is a positive change from Vanguard Ultra-Short Bond ETF’s previous dividend of $0.22.

Vanguard Ultra-Short Bond ETF Stock Down 0.1 %

Shares of VUSB traded down $0.03 during trading hours on Friday, hitting $49.55. 771,011 shares of the stock were exchanged. The business’s fifty day simple moving average is $49.49 and its 200-day simple moving average is $49.33.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of VUSB. Pathstone Holdings LLC bought a new position in shares of Vanguard Ultra-Short Bond ETF in the fourth quarter valued at $242,000. Raymond James & Associates bought a new position in shares of Vanguard Ultra-Short Bond ETF in the fourth quarter valued at $236,000. Advisory Services Network LLC lifted its stake in shares of Vanguard Ultra-Short Bond ETF by 223.1% in the first quarter. Advisory Services Network LLC now owns 4,666 shares of the company’s stock valued at $230,000 after buying an additional 3,222 shares in the last quarter. Patriot Investment Management Group Inc. bought a new position in shares of Vanguard Ultra-Short Bond ETF in the fourth quarter valued at $218,000. Finally, Bleakley Financial Group LLC bought a new position in shares of Vanguard Ultra-Short Bond ETF in the second quarter valued at $213,000.

Vanguard Ultra-Short Bond ETF Company 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.