Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) Hits New 1-Year Low – What’s Next?

Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) reached a new 52-week low on Tuesday . The stock traded as low as $75.07 and last traded at $75.18, with a volume of 483628 shares. The stock had previously closed at $75.24.

Vanguard Core-Plus Bond ETF Stock Down 0.1%

The business’s fifty day simple moving average is $76.41 and its two-hundred day simple moving average is $77.18.

Institutional Trading of Vanguard Core-Plus Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of VPLS. Godfrey Financial Associates Inc. acquired a new position in shares of Vanguard Core-Plus Bond ETF in the fourth quarter valued at $36,000. Hazlett Burt & Watson Inc. acquired a new stake in Vanguard Core-Plus Bond ETF during the fourth quarter worth $49,000. Eastern Bank bought a new stake in Vanguard Core-Plus Bond ETF in the 2nd quarter valued at $175,000. MCF Advisors LLC bought a new stake in Vanguard Core-Plus Bond ETF in the 4th quarter valued at $201,000. Finally, PFG Investments LLC acquired a new position in shares of Vanguard Core-Plus Bond ETF in the 1st quarter valued at $222,000.

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.