Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) Sees Unusually-High Trading Volume – Should You Buy?

Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) shares saw unusually-high trading volume on Wednesday . Approximately 390,228 shares traded hands during 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.

Vanguard Core-Plus Bond ETF Trading Down 0.3%

The stock’s fifty day moving average is $77.98 and its two-hundred day moving average is $78.34.

Vanguard Core-Plus Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were given a dividend of $0.2945 per share. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date was Wednesday, April 1st. This is a boost from Vanguard Core-Plus Bond ETF’s previous monthly dividend of $0.26.

Institutional Investors Weigh In On Vanguard Core-Plus Bond ETF

Institutional investors have recently modified their holdings of the stock. Bank of America Corp DE lifted its position in Vanguard Core-Plus Bond ETF by 63.2% during the 3rd quarter. Bank of America Corp DE now owns 813,159 shares of the company’s stock worth $63,937,000 after acquiring an additional 314,849 shares during the last quarter. LPL Financial LLC raised its stake in Vanguard Core-Plus Bond ETF by 48.9% during the fourth quarter. LPL Financial LLC now owns 658,499 shares of the company’s stock worth $51,439,000 after acquiring an additional 216,196 shares in the last quarter. Keystone Financial Group Inc. raised its stake in Vanguard Core-Plus Bond ETF by 50.4% during the first quarter. Keystone Financial Group Inc. now owns 272,896 shares of the company’s stock worth $21,174,000 after acquiring an additional 91,403 shares in the last quarter. Summit Financial LLC increased its holdings in shares of Vanguard Core-Plus Bond ETF by 6.2% during the fourth quarter. Summit Financial LLC now owns 237,946 shares of the company’s stock worth $18,587,000 after buying an additional 13,882 shares in the last quarter. Finally, Royal Bank of Canada increased its holdings in shares of Vanguard Core-Plus Bond ETF by 9.5% during the fourth quarter. Royal Bank of Canada now owns 205,285 shares of the company’s stock worth $16,036,000 after buying an additional 17,746 shares in the last quarter.

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.