Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) Sets New 52-Week Low – Time to Sell?

Vanguard Core-Plus Bond ETF (NASDAQ:VPLS)’s stock price reached a new 52-week low on Monday . The stock traded as low as $76.18 and last traded at $76.18, with a volume of 13933 shares trading hands. The stock had previously closed at $76.36.

Vanguard Core-Plus Bond ETF Trading Up 0.4%

The business’s 50-day simple moving average is $77.08 and its 200-day simple moving average is $77.65.

Vanguard Core-Plus Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, August 5th. Investors of record on Monday, August 3rd will be paid a dividend of $0.3056 per share. The ex-dividend date of this dividend is Monday, August 3rd. This is an increase from Vanguard Core-Plus Bond ETF’s previous monthly dividend of $0.29. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%.

Institutional Trading of Vanguard Core-Plus Bond ETF

Hedge funds have recently bought and sold shares of the company. Vicus Capital boosted its holdings in shares of Vanguard Core-Plus Bond ETF by 31.3% in the 4th quarter. Vicus Capital now owns 42,267 shares of the company’s stock valued at $3,302,000 after purchasing an additional 10,079 shares during the last quarter. NavPoint Financial Inc. boosted its holdings in Vanguard Core-Plus Bond ETF by 51.7% in the first quarter. NavPoint Financial Inc. now owns 132,233 shares of the company’s stock valued at $10,260,000 after acquiring an additional 45,086 shares during the last quarter. XY Planning Network Inc. grew its position in Vanguard Core-Plus Bond ETF by 161.9% during the fourth quarter. XY Planning Network Inc. now owns 16,177 shares of the company’s stock valued at $1,264,000 after acquiring an additional 10,000 shares during the period. Panoramic Investment Advisors LLC increased its stake in Vanguard Core-Plus Bond ETF by 10.2% during the fourth quarter. Panoramic Investment Advisors LLC now owns 85,680 shares of the company’s stock worth $6,693,000 after acquiring an additional 7,965 shares during the last quarter. Finally, North Star Investment Management Corp. raised its holdings in shares of Vanguard Core-Plus Bond ETF by 96.8% in the 4th quarter. North Star Investment Management Corp. now owns 62,056 shares of the company’s stock worth $4,847,000 after purchasing an additional 30,525 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.