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

Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) saw unusually-strong trading volume on Tuesday . Approximately 349,006 shares were traded during trading, an increase of 102% from the previous session’s volume of 172,507 shares.The stock last traded at $76.75 and had previously closed at $76.50.

Vanguard Core-Plus Bond ETF Stock Performance

The firm has a 50 day moving average price of $76.84 and a 200-day moving average price of $77.46.

Vanguard Core-Plus Bond ETF Increases Dividend

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

Institutional Inflows and Outflows

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