Ashton Thomas Private Wealth LLC Reduces Stake in Vanguard ETF

Ashton Thomas Private Wealth LLC has decreased its holdings in the Vanguard Ultra-Short Bond ETF (BATS:VUSB) by 7.0% during the second quarter of 2023. According to a recent disclosure filed with the Securities and Exchange Commission (SEC), the firm sold 8,323 shares, bringing its total ownership to 110,948 shares. As of the end of the quarter, Ashton Thomas Private Wealth LLC’s stake in the ETF was valued at approximately $5.5 million.

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

In the same period, Exeter Financial LLC boosted its stake in the ETF by 2.1%, now holding 13,380 shares valued at $667,000 after an acquisition of 271 shares. Kestra Private Wealth Services LLC also increased its position by 1.7% in the first quarter, with a total of 16,808 shares worth $838,000 following an additional purchase of 275 shares. Finally, Northwest Wealth Management LLC raised its stake by 2.2% in the second quarter, now owning 17,110 shares valued at $853,000 after acquiring 376 shares.

Recent Market Performance

On Monday, Vanguard Ultra-Short Bond ETF stock opened at $49.98. The stock has demonstrated stability, with a fifty-day moving average price of $49.90 and a two-hundred-day moving average price of $49.78. Over the past year, the ETF reached a 52-week low of $49.43 and a 52-week high of $49.98.

The Vanguard Ultra-Short Bond ETF, launched on April 5, 2021, primarily invests in investment-grade fixed income securities. The fund aims to maintain a dollar-weighted average maturity of between zero and two years, making it a strategic option for investors seeking low-risk exposure to fixed income markets.

For those interested in tracking the latest movements and holdings of the Vanguard Ultra-Short Bond ETF, detailed information is available on platforms such as HoldingsChannel.com, where investors can view the latest 13F filings and insider trades.