Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) Short Interest Down 40.5% in May

Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) was the recipient of a significant decrease in short interest in the month of May. As of May 31st, there was short interest totalling 37,000 shares, a decrease of 40.5% from the May 15th total of 62,200 shares. Based on an average daily trading volume, of 71,000 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.6% of the company’s shares are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. LPL Financial LLC grew its stake in shares of Vanguard Core-Plus Bond ETF by 1,215.2% in the first quarter. LPL Financial LLC now owns 258,169 shares of the company’s stock valued at $20,024,000 after buying an additional 238,540 shares in the last quarter. Royal Bank of Canada raised its stake in Vanguard Core-Plus Bond ETF by 4.7% during the first quarter. Royal Bank of Canada now owns 152,043 shares of the company’s stock valued at $11,793,000 after buying an additional 6,769 shares in the last quarter. Diversified Portfolios Inc. boosted its holdings in Vanguard Core-Plus Bond ETF by 27.6% in the first quarter. Diversified Portfolios Inc. now owns 134,167 shares of the company’s stock worth $10,406,000 after purchasing an additional 29,061 shares during the period. MorganRosel Wealth Management LLC raised its stake in Vanguard Core-Plus Bond ETF by 6.9% during the first quarter. MorganRosel Wealth Management LLC now owns 112,296 shares of the company’s stock worth $8,710,000 after acquiring an additional 7,273 shares during the period. Finally, Panoramic Investment Advisors LLC boosted its position in Vanguard Core-Plus Bond ETF by 6.9% during the 1st quarter. Panoramic Investment Advisors LLC now owns 99,319 shares of the company’s stock valued at $7,703,000 after purchasing an additional 6,400 shares during the period.

Vanguard Core-Plus Bond ETF Stock Performance

NASDAQ VPLS traded down $0.02 during trading hours on Monday, hitting $76.77. 26,539 shares of the company’s stock were exchanged, compared to its average volume of 53,870. The business’s 50 day moving average is $76.54 and its 200-day moving average is $76.67. Vanguard Core-Plus Bond ETF has a 12-month low of $74.95 and a 12-month high of $79.75.

Vanguard Core-Plus Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were issued a $0.3041 dividend. This represents a $3.65 dividend on an annualized basis and a dividend yield of 4.75%. This is an increase from Vanguard Core-Plus Bond ETF’s previous monthly dividend of $0.30. The ex-dividend date of this dividend was Monday, June 2nd.

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.