Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) Hits New 52-Week Low – What’s Next?

Shares of Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) hit a new 52-week low during trading on Tuesday . The company traded as low as $75.97 and last traded at $76.02, with a volume of 8108 shares. The stock had previously closed at $76.39.

Vanguard Core-Plus Bond ETF Price Performance

The business’s 50-day simple moving average is $76.76 and its two-hundred day simple moving average is $77.40.

Vanguard Core-Plus Bond ETF Increases Dividend

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

Hedge Funds Weigh In On Vanguard Core-Plus Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in VPLS. Bank of America Corp DE grew its position in shares of Vanguard Core-Plus Bond ETF by 36.9% during the first quarter. Bank of America Corp DE now owns 1,624,763 shares of the company’s stock worth $126,063,000 after buying an additional 437,524 shares in the last quarter. WNY Asset Management LLC bought a new position in Vanguard Core-Plus Bond ETF during the 1st quarter valued at $28,441,000. LPL Financial LLC boosted its stake in Vanguard Core-Plus Bond ETF by 48.9% during the 4th quarter. LPL Financial LLC now owns 658,499 shares of the company’s stock valued at $51,439,000 after acquiring an additional 216,196 shares during the last quarter. Pasadena Private Wealth LLC acquired a new position in Vanguard Core-Plus Bond ETF during the 1st quarter worth $10,391,000. Finally, R. W. Roge & Company Inc. grew its holdings in Vanguard Core-Plus Bond ETF by 1,691.2% during the 1st quarter. R. W. Roge & Company Inc. now owns 107,275 shares of the company’s stock worth $8,323,000 after acquiring an additional 101,286 shares in the last quarter.

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.