Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) Short Interest Down 41.5% in March

Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) was the target of a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 48,568 shares, a drop of 41.5% from the February 26th total of 83,064 shares. Based on an average daily trading volume, of 167,641 shares, the short-interest ratio is presently 0.3 days. Approximately 0.4% of the shares of the company are short sold.

Hedge Funds Weigh In On Vanguard Core-Plus Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Geneos Wealth Management Inc. bought a new stake in shares of Vanguard Core-Plus Bond ETF in the third quarter valued at $29,000. Jessup Wealth Management Inc bought a new position in shares of Vanguard Core-Plus Bond ETF during the 4th quarter worth $30,000. Godfrey Financial Associates Inc. bought a new position in shares of Vanguard Core-Plus Bond ETF during the 4th quarter worth $36,000. Hazlett Burt & Watson Inc. purchased a new stake in Vanguard Core-Plus Bond ETF in the 4th quarter worth about $49,000. Finally, Joseph Group Capital Management purchased a new stake in Vanguard Core-Plus Bond ETF in the 3rd quarter worth about $59,000.

Vanguard Core-Plus Bond ETF Trading Down 0.1%

VPLS opened at $76.87 on Friday. Vanguard Core-Plus Bond ETF has a twelve month low of $74.95 and a twelve month high of $79.41. The company’s 50-day moving average price is $78.28 and its two-hundred day moving average price is $78.49.

Vanguard Core-Plus Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a $0.2632 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.1%.

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.