Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) Sees Unusually-High Trading Volume After Dividend Announcement

Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) saw unusually-high trading volume on Wednesday following a dividend announcement from the company. Approximately 390,228 shares traded hands during mid-day trading, an increase of 155% from the previous session’s volume of 153,245 shares.The stock last traded at $77.50 and had previously closed at $77.79.

The newly announced dividend which will be paid on Tuesday, May 5th. Investors of record on Friday, May 1st will be given a dividend of $0.2842 per share. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date is Friday, May 1st.

Vanguard Core-Plus Bond ETF Trading Down 0.1%

The business has a 50-day moving average of $77.92 and a 200 day moving average of $78.33.

Institutional Trading of Vanguard Core-Plus Bond ETF

A number of hedge funds have recently bought and sold shares of the company. Bank of America Corp DE increased its position in Vanguard Core-Plus Bond ETF by 63.2% during the third quarter. Bank of America Corp DE now owns 813,159 shares of the company’s stock valued at $63,937,000 after acquiring an additional 314,849 shares during the last quarter. LPL Financial LLC raised its holdings in 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. Keystone Financial Group Inc. raised its holdings in Vanguard Core-Plus Bond ETF by 50.4% in the 1st quarter. Keystone Financial Group Inc. now owns 272,896 shares of the company’s stock worth $21,174,000 after purchasing an additional 91,403 shares during the period. Summit Financial LLC raised its holdings in Vanguard Core-Plus Bond ETF by 6.2% in the 4th quarter. Summit Financial LLC now owns 237,946 shares of the company’s stock worth $18,587,000 after purchasing an additional 13,882 shares during the period. Finally, Royal Bank of Canada raised its holdings in Vanguard Core-Plus Bond ETF by 9.5% in the 4th quarter. Royal Bank of Canada now owns 205,285 shares of the company’s stock worth $16,036,000 after purchasing an additional 17,746 shares during the period.

Vanguard Core-Plus Bond ETF Company Profile

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.