Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) Sees Large Drop in Short Interest

Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) was the target of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 70,612 shares, a decline of 57.9% from the July 30th total of 167,805 shares. Based on an average daily volume of 253,727 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.3% of the shares of the stock are sold short.

Vanguard Core-Plus Bond ETF Price Performance

Shares of NASDAQ:VPLS opened at $76.50 on Friday. The company’s fifty day moving average price is $76.78 and its 200-day moving average price is $77.42. Vanguard Core-Plus Bond ETF has a one year low of $76.16 and a one year high of $79.41.

Vanguard Core-Plus Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, August 5th. Investors of record on Monday, August 3rd were paid a $0.3056 dividend. This is a boost from Vanguard Core-Plus Bond ETF’s previous monthly dividend of $0.29. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend was Monday, August 3rd.

Institutional Investors Weigh In On Vanguard Core-Plus Bond ETF

Several hedge funds have recently added to or reduced their stakes in VPLS. AQR Capital Management LLC increased its position in shares of Vanguard Core-Plus Bond ETF by 103.3% during the 1st quarter. AQR Capital Management LLC now owns 7,200 shares of the company’s stock valued at $558,000 after purchasing an additional 3,658 shares during the last quarter. Jones Financial Companies Lllp lifted its position in Vanguard Core-Plus Bond ETF by 147.9% in the 1st quarter. Jones Financial Companies Lllp now owns 14,075 shares of the company’s stock worth $999,000 after buying an additional 8,398 shares during the last quarter. Jane Street Group LLC boosted its stake in Vanguard Core-Plus Bond ETF by 246.5% in the first quarter. Jane Street Group LLC now owns 45,505 shares of the company’s stock worth $3,529,000 after buying an additional 32,372 shares in the last quarter. Raymond James Financial Inc. boosted its stake in Vanguard Core-Plus Bond ETF by 77.1% in the second quarter. Raymond James Financial Inc. now owns 19,063 shares of the company’s stock worth $1,483,000 after buying an additional 8,299 shares in the last quarter. Finally, Ausdal Financial Partners Inc. boosted its stake in Vanguard Core-Plus Bond ETF by 11.0% in the second quarter. Ausdal Financial Partners Inc. now owns 26,450 shares of the company’s stock worth $2,058,000 after buying an additional 2,619 shares in the last quarter.

Vanguard Core-Plus Bond ETF Company Profile

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.