Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) Reaches New 1-Year Low – What’s Next?

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

Vanguard Core-Plus Bond ETF Trading Up 0.1%

The business’s 50-day moving average is $76.69 and its 200-day moving average is $77.36.

Vanguard Core-Plus Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, September 3rd. Investors of record on Tuesday, September 1st will be given a dividend of $0.30 per share. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date is Tuesday, September 1st.

Institutional Investors Weigh In On Vanguard Core-Plus Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. AQR Capital Management LLC increased its holdings 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 in the last quarter. Jones Financial Companies Lllp grew its position in Vanguard Core-Plus Bond ETF by 147.9% during the first quarter. Jones Financial Companies Lllp now owns 14,075 shares of the company’s stock valued at $999,000 after buying an additional 8,398 shares during the period. Jane Street Group LLC grew its position in Vanguard Core-Plus Bond ETF by 246.5% during the first quarter. Jane Street Group LLC now owns 45,505 shares of the company’s stock valued at $3,529,000 after buying an additional 32,372 shares during the period. Raymond James Financial Inc. increased its holdings 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 valued at $1,483,000 after buying an additional 8,299 shares in the last quarter. Finally, Ausdal Financial Partners Inc. increased its holdings 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 valued at $2,058,000 after buying 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.