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

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

Vanguard Core-Plus Bond ETF Price Performance

The firm has a fifty day simple moving average of $76.55 and a two-hundred day simple moving average of $77.28.

Institutional Trading of Vanguard Core-Plus Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its holdings in Vanguard Core-Plus Bond ETF by 36.9% in the first quarter. Bank of America Corp DE now owns 1,624,763 shares of the company’s stock valued at $126,063,000 after acquiring an additional 437,524 shares in the last quarter. LPL Financial LLC lifted its position in shares of Vanguard Core-Plus Bond ETF by 48.9% in the 4th quarter. LPL Financial LLC now owns 658,499 shares of the company’s stock worth $51,439,000 after purchasing an additional 216,196 shares during the period. WNY Asset Management LLC purchased a new stake in shares of Vanguard Core-Plus Bond ETF in the 1st quarter worth about $28,441,000. Keystone Financial Group Inc. increased its position in shares of Vanguard Core-Plus Bond ETF by 50.4% during the first quarter. Keystone Financial Group Inc. now owns 272,896 shares of the company’s stock valued at $21,174,000 after buying an additional 91,403 shares during the period. Finally, Summit Financial LLC raised its stake in Vanguard Core-Plus Bond ETF by 6.2% in the fourth quarter. Summit Financial LLC now owns 237,946 shares of the company’s stock worth $18,587,000 after buying an additional 13,882 shares in the last quarter.

About Vanguard Core-Plus Bond ETF

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Vanguard Core-Plus Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Core-Plus Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.