Birch Capital Management LLC Decreases Stock Position in Vanguard Ultra-Short Bond ETF (BATS:VUSB)

Birch Capital Management LLC decreased its position in shares of Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 92.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 913 shares of the company’s stock after selling 10,431 shares during the period. Birch Capital Management LLC’s holdings in Vanguard Ultra-Short Bond ETF were worth $45,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its stake in Vanguard Ultra-Short Bond ETF by 2.5% during the fourth quarter. Envestnet Asset Management Inc. now owns 13,732 shares of the company’s stock valued at $673,000 after buying an additional 335 shares during the last quarter. UBS Group AG purchased a new position in shares of Vanguard Ultra-Short Bond ETF in the fourth quarter valued at $571,000. Raymond James & Associates bought a new stake in Vanguard Ultra-Short Bond ETF in the fourth quarter worth $236,000. Raymond James Financial Services Advisors Inc. increased its position in Vanguard Ultra-Short Bond ETF by 46.8% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 21,129 shares of the company’s stock worth $1,035,000 after purchasing an additional 6,733 shares during the last quarter. Finally, Blair William & Co. IL raised its stake in Vanguard Ultra-Short Bond ETF by 90.0% during the fourth quarter. Blair William & Co. IL now owns 205,163 shares of the company’s stock valued at $10,053,000 after purchasing an additional 97,188 shares in the last quarter.

Vanguard Ultra-Short Bond ETF Price Performance

VUSB stock opened at $49.14 on Tuesday. The company’s 50 day simple moving average is $49.13 and its two-hundred day simple moving average is $49.13.

Vanguard Ultra-Short Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, September 7th. Investors of record on Tuesday, September 5th were given a $0.1948 dividend. The ex-dividend date of this dividend was Friday, September 1st. This is a positive change from Vanguard Ultra-Short Bond ETF’s previous dividend of $0.18.

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.