Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) Sees Large Volume Increase – Still a Buy?

Shares of Vanguard Core-Plus Bond ETF (NASDAQ:VPLSGet Free Report) saw an uptick in trading volume on Wednesday . 390,228 shares traded hands during mid-day trading, an increase of 155% from the previous session’s volume of 153,245 shares.The stock last traded at $77.50 and had previously closed at $77.79.

Vanguard Core-Plus Bond ETF Price Performance

The firm has a 50 day simple moving average of $77.98 and a 200-day simple moving average of $78.34.

Vanguard Core-Plus Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were issued a $0.2945 dividend. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a c) annualized dividend and a yield of 4.6%. This is an increase from Vanguard Core-Plus Bond ETF’s previous monthly dividend of $0.26.

Hedge Funds Weigh In On Vanguard Core-Plus Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of VPLS. Geneos Wealth Management Inc. bought a new position in shares of Vanguard Core-Plus Bond ETF in the 3rd quarter valued at $29,000. Jessup Wealth Management Inc bought a new position in Vanguard Core-Plus Bond ETF during the fourth quarter worth $30,000. Godfrey Financial Associates Inc. bought a new position in shares of Vanguard Core-Plus Bond ETF in the 4th quarter worth about $36,000. Hazlett Burt & Watson Inc. bought a new position in shares of Vanguard Core-Plus Bond ETF in the 4th quarter worth about $49,000. Finally, Joseph Group Capital Management bought a new stake in shares of Vanguard Core-Plus Bond ETF in the 3rd quarter valued at $59,000.

About Vanguard Core-Plus Bond ETF

(Get Free Report)

The Vanguard Core Plus Bond ETF (VPLS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively invests in the broad fixed income space, in seeking to provide total return and a moderate to high level of income. It holds US and foreign securities of any rating while maintaining an intermediate dollar-weighted average maturity. VPLS was launched on Nov 20, 2023 and is issued by Vanguard.

Further Reading

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