Vanguard Ultra-Short Treasury ETF: A stable option for parking cash

Vanguard Ultra-Short Treasury ETF (VGUS) offers a low-risk method for parking cash, with yields tied to short-term Treasury rates and minimal duration risk. VGUS closely tracks short-term US Treasury yields and provides yields aligned with official rates, though currently with little premium above the Interest on Reserve Balances rate. The ETF is recommended as a hold for existing investors due to its stability and liquidity, despite potential declines in monthly distributions if rate cut expectations continue.