Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) Plans Monthly Dividend of $0.29

Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) declared a monthly dividend on Monday, June 29th, NASDAQ Dividends reports. Stockholders of record on Wednesday, July 1st will be given a dividend of 0.2909 per share on Monday, July 6th. This represents a c) annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend is Wednesday, July 1st.

Vanguard Core-Plus Bond ETF Stock Down 0.5%

NASDAQ:VPLS traded down $0.41 on Wednesday, reaching $77.17. 167,775 shares of the stock traded hands, compared to its average volume of 157,747. The company’s fifty day simple moving average is $77.43 and its 200 day simple moving average is $77.91. Vanguard Core-Plus Bond ETF has a 12 month low of $76.43 and a 12 month high of $79.41.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE lifted its holdings in Vanguard Core-Plus Bond ETF by 36.9% in the 1st quarter. Bank of America Corp DE now owns 1,624,763 shares of the company’s stock worth $126,063,000 after purchasing an additional 437,524 shares in the last quarter. WNY Asset Management LLC bought a new stake in shares of Vanguard Core-Plus Bond ETF during the first quarter valued at approximately $28,441,000. LPL Financial LLC lifted its holdings in shares of Vanguard Core-Plus Bond ETF by 48.9% in the fourth quarter. LPL Financial LLC now owns 658,499 shares of the company’s stock worth $51,439,000 after buying an additional 216,196 shares in the last quarter. First Commonwealth Financial Corp PA bought a new stake in Vanguard Core-Plus Bond ETF in the 3rd quarter valued at $12,016,000. Finally, Pasadena Private Wealth LLC purchased a new stake in Vanguard Core-Plus Bond ETF in the 1st quarter worth $10,391,000.

About Vanguard Core-Plus Bond ETF

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.