Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) Sees Unusually-High Trading Volume – Time to Buy?

Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) shares saw unusually-high trading volume on Wednesday . Approximately 374,586 shares changed hands during trading, an increase of 149% from the previous session’s volume of 150,381 shares.The stock last traded at $79.08 and had previously closed at $79.11.

Vanguard Core-Plus Bond ETF Stock Up 0.1%

The business has a fifty day moving average of $78.45 and a two-hundred day moving average of $78.49.

Vanguard Core-Plus Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were issued a $0.2868 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.3%.

Hedge Funds Weigh In On Vanguard Core-Plus Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VPLS. Catalyst Investment Management LLC acquired a new stake in Vanguard Core-Plus Bond ETF during the 4th quarter valued at $4,217,000. First Commonwealth Financial Corp PA raised its stake in Vanguard Core-Plus Bond ETF by 18.4% during the fourth quarter. First Commonwealth Financial Corp PA now owns 180,887 shares of the company’s stock worth $14,130,000 after purchasing an additional 28,066 shares during the period. Beacon Pointe Advisors LLC acquired a new position in shares of Vanguard Core-Plus Bond ETF in the 4th quarter valued at $2,945,000. Brooks Moore & Associates Inc. purchased a new stake in shares of Vanguard Core-Plus Bond ETF during the 4th quarter valued at $839,000. Finally, Colter Lewis Investment Partners LLC purchased a new position in shares of Vanguard Core-Plus Bond ETF in the 4th quarter worth $319,000.

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.