Ashton Thomas Private Wealth Cuts Vanguard Ultra-Short Bond ETF Holdings

Ashton Thomas Private Wealth LLC has reduced its stake in the Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 7.0% during the second quarter of 2023. According to the firm’s latest disclosure with the Securities and Exchange Commission (SEC), it sold 8,323 shares, bringing its total holdings to 110,948 shares. At the end of the quarter, Ashton Thomas Private Wealth LLC’s investment in Vanguard Ultra-Short Bond ETF was valued at approximately $5,532,000.

Several institutional investors have also adjusted their positions in the Vanguard Ultra-Short Bond ETF recently. For instance, SAM Advisors LLC increased its holdings by 2.4% in the first quarter, acquiring an additional 210 shares to reach a total of 8,927 shares worth $445,000. Christensen King & Associates Investment Services Inc. also boosted its position by 2.5% during the second quarter, now owning 9,733 shares valued at $485,000 after purchasing 238 additional shares.

Exeter Financial LLC made a similar move, increasing its stake by 2.1% in the same quarter, acquiring an additional 271 shares to own 13,380 shares worth $667,000. Kestra Private Wealth Services LLC raised its position by 1.7%, bringing its total to 16,808 shares valued at $838,000 after adding 275 shares. Northwest Wealth Management LLC also adjusted its holdings, increasing its stake by 2.2%, now owning 17,110 shares worth $853,000 after purchasing an additional 376 shares.

The Vanguard Ultra-Short Bond ETF experienced a slight increase, trading up by 0.6% on the day. The stock opened at $49.98 and has shown stability with a fifty-day moving average of $49.90 and a two-hundred-day moving average of $49.78. Over the past year, the ETF has fluctuated, reaching a low of $49.43 and a high of $49.98.

Launched on April 5, 2021, the Vanguard Ultra-Short Bond ETF primarily invests in investment-grade fixed income securities. The fund aims to maintain a dollar-weighted average maturity of 0 to 2 years, making it an appealing option for conservative investors looking for stability in a low-interest-rate environment. Managed by Vanguard, the ETF continues to attract interest from various institutional investors.

For those interested in monitoring the latest changes in holdings and trades related to the Vanguard Ultra-Short Bond ETF, resources such as HoldingsChannel.com provide updated 13F filings and expert analyses.