Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) Hits New 12-Month Low – Here’s Why

Vanguard Core-Plus Bond ETF (NASDAQ:VPLS – Get Free Report) shares hit a new 52-week low on Wednesday. The company traded as low as $75.04 and last traded at $74.97, with a volume of 33200 shares trading hands. The stock had previously closed at $75.37.

Vanguard Core-Plus Bond ETF Stock Performance

The firm’s 50-day moving average is $76.13 and its 200-day moving average is $76.97.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in VPLS. Envestnet Asset Management Inc. boosted its position in shares of Vanguard Core-Plus Bond ETF by 19.9% during the second quarter. Envestnet Asset Management Inc. now owns 5,971 shares of the company’s stock valued at $463,000 after purchasing an additional 989 shares in the last quarter. NewEdge Advisors LLC bought a new position in Vanguard Core-Plus Bond ETF in the second quarter worth $350,000. IFP Advisors Inc raised its holdings in Vanguard Core-Plus Bond ETF by 1.5% in the second quarter. IFP Advisors Inc now owns 34,123 shares of the company’s stock worth $2,647,000 after purchasing an additional 510 shares in the last quarter. XY Planning Network Inc. lifted its position in Vanguard Core-Plus Bond ETF by 4.7% during the second quarter. XY Planning Network Inc. now owns 17,696 shares of the company’s stock valued at $1,373,000 after buying an additional 794 shares during the period. Finally, Principia Wealth Advisory LLC lifted its position in Vanguard Core-Plus Bond ETF by 4.5% during the second quarter. Principia Wealth Advisory LLC now owns 5,846 shares of the company’s stock valued at $454,000 after buying an additional 254 shares during the period.

Vanguard Core-Plus Bond ETF Company Profile

(Get Free Report)

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.

Further Reading

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