A set of experiments was designed and conducted to investigate the vibrational ultrasonic response of a thin magnetostrictive patch bonded to a glass plate, with changes in static and dynamic magnetic fields applied to the patch. Such arrangements are often used as a means of generating guided waves in pipes or plates, by attaching a patch to a sample’s surface. The effect of varying the applied static and dynamic magnetic field’s amplitudes and directions and the frequency of the dynamic magnetic field was studied. It was demonstrated that the vibration of the magnetostrictive patch could be controlled and enhanced by optimizing the magnetic fields. It was also shown that for low-amplitude dynamic magnetic fields, Lorentz forces generated within the patch and the resonant frequency of the patch could also contribute to the enhancement of the vibration of the patch for low-amplitude fields. For high-amplitude dynamic magnetic fields, the magnetostriction effect can be the main transduction mechanism, which can be optimized for non-destructive testing and inspection purposes.