Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) Reaches New 12-Month Low – What’s Next?

Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) shares hit a new 52-week low during trading on Thursday . The company traded as low as $76.35 and last traded at $76.35, with a volume of 9409 shares changing hands. The stock had previously closed at $76.54.

Vanguard Core-Plus Bond ETF Price Performance

The company has a 50-day simple moving average of $77.15 and a two-hundred day simple moving average of $77.74.

Vanguard Core-Plus Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.2909 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 4.6%.

Hedge Funds Weigh In On Vanguard Core-Plus Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. AQR Capital Management LLC grew its position in Vanguard Core-Plus Bond ETF by 103.3% during the first quarter. AQR Capital Management LLC now owns 7,200 shares of the company’s stock valued at $558,000 after buying an additional 3,658 shares during the period. Jones Financial Companies Lllp raised its position in Vanguard Core-Plus Bond ETF by 147.9% in the first quarter. Jones Financial Companies Lllp now owns 14,075 shares of the company’s stock worth $999,000 after acquiring an additional 8,398 shares during the period. Jane Street Group LLC raised its position in Vanguard Core-Plus Bond ETF by 246.5% in the first quarter. Jane Street Group LLC now owns 45,505 shares of the company’s stock worth $3,529,000 after acquiring an additional 32,372 shares during the period. Raymond James Financial Inc. raised its position in Vanguard Core-Plus Bond ETF by 77.1% in the second quarter. Raymond James Financial Inc. now owns 19,063 shares of the company’s stock worth $1,483,000 after acquiring an additional 8,299 shares during the period. Finally, Ausdal Financial Partners Inc. boosted its stake in Vanguard Core-Plus Bond ETF by 11.0% in the second quarter. Ausdal Financial Partners Inc. now owns 26,450 shares of the company’s stock valued at $2,058,000 after acquiring an additional 2,619 shares during the last quarter.

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.