Pasadena Private Wealth LLC Makes New $10.39 Million Investment in Vanguard Core-Plus Bond ETF $VPLS

Pasadena Private Wealth LLC bought a new stake in Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) in the 1st quarter, HoldingsChannel reports. The firm bought 133,918 shares of the company’s stock, valued at approximately $10,391,000. Vanguard Core-Plus Bond ETF makes up approximately 1.4% of Pasadena Private Wealth LLC’s holdings, making the stock its 18th largest position.

Other large investors also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in shares of 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 period. LPL Financial LLC boosted its position in shares of Vanguard Core-Plus Bond ETF by 48.9% during the 4th quarter. LPL Financial LLC now owns 658,499 shares of the company’s stock valued at $51,439,000 after acquiring an additional 216,196 shares during the last quarter. Keystone Financial Group Inc. grew its holdings in shares of Vanguard Core-Plus Bond ETF by 50.4% in the first quarter. Keystone Financial Group Inc. now owns 272,896 shares of the company’s stock valued at $21,174,000 after purchasing an additional 91,403 shares during the period. Summit Financial LLC grew its holdings in shares of Vanguard Core-Plus Bond ETF by 6.2% in the fourth quarter. Summit Financial LLC now owns 237,946 shares of the company’s stock valued at $18,587,000 after purchasing an additional 13,882 shares during the period. Finally, Royal Bank of Canada increased its position in 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 purchasing an additional 17,746 shares during the last quarter.

Vanguard Core-Plus Bond ETF Price Performance

Shares of VPLS stock opened at $77.79 on Monday. The firm’s 50-day moving average is $77.44 and its two-hundred day moving average is $77.92. Vanguard Core-Plus Bond ETF has a 12 month low of $76.43 and a 12 month high of $79.41.

Vanguard Core-Plus Bond ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were paid a $0.2911 dividend. The ex-dividend date of this dividend was Monday, June 1st.

Vanguard Core-Plus Bond ETF 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.