Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) Reaches New 52-Week High – Here’s Why

Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) shares hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $79.20 and last traded at $79.15, with a volume of 136502 shares trading hands. The stock had previously closed at $79.09.

Vanguard Core-Plus Bond ETF Price Performance

The stock’s fifty day moving average is $78.40 and its two-hundred day moving average is $77.40.

Vanguard Core-Plus Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were issued a dividend of $0.2787 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Wednesday, October 1st.

Institutional Trading of Vanguard Core-Plus Bond ETF

Several large investors have recently added to or reduced their stakes in the business. LPL Financial LLC raised its stake in Vanguard Core-Plus Bond ETF by 1,215.2% during the 1st quarter. LPL Financial LLC now owns 258,169 shares of the company’s stock valued at $20,024,000 after acquiring an additional 238,540 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Vanguard Core-Plus Bond ETF by 39.2% during the second quarter. Bank of America Corp DE now owns 498,310 shares of the company’s stock valued at $38,768,000 after purchasing an additional 140,369 shares during the period. Thrivent Financial for Lutherans acquired a new position in shares of Vanguard Core-Plus Bond ETF during the second quarter valued at $5,928,000. Dynamic Advisor Solutions LLC bought a new stake in shares of Vanguard Core-Plus Bond ETF during the second quarter valued at about $5,804,000. Finally, Jane Street Group LLC lifted its holdings in Vanguard Core-Plus Bond ETF by 154.9% in the second quarter. Jane Street Group LLC now owns 115,995 shares of the company’s stock worth $9,024,000 after purchasing an additional 70,490 shares during the period.

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.