Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) Hits New 1-Year Low – Here’s Why

Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $75.78 and last traded at $75.7950, with a volume of 24112 shares traded. The stock had previously closed at $75.94.

Vanguard Core-Plus Bond ETF Price Performance

The stock has a 50 day simple moving average of $76.55 and a 200 day simple moving average of $77.28.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in VPLS. Jessup Wealth Management Inc purchased a new stake in Vanguard Core-Plus Bond ETF during the 4th quarter valued at $30,000. Godfrey Financial Associates Inc. purchased a new position in shares of Vanguard Core-Plus Bond ETF in the fourth quarter valued at about $36,000. Hazlett Burt & Watson Inc. bought a new position in shares of Vanguard Core-Plus Bond ETF during the fourth quarter valued at about $49,000. Kestra Advisory Services LLC bought a new position in shares of Vanguard Core-Plus Bond ETF during the fourth quarter valued at about $64,000. Finally, CIBC Private Wealth Group LLC purchased a new stake in shares of Vanguard Core-Plus Bond ETF during the third quarter worth about $104,000.

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.