Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) Sees Unusually-High Trading Volume – Here’s Why

Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) saw unusually-high trading volume on Tuesday . Approximately 349,006 shares traded hands during mid-day trading, an increase of 102% from the previous session’s volume of 172,507 shares.The stock last traded at $76.75 and had previously closed at $76.50.

Vanguard Core-Plus Bond ETF Stock Down 0.1%

The stock’s 50 day moving average price is $76.81 and its 200 day moving average price is $77.44.

Vanguard Core-Plus Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, August 5th. Investors of record on Monday, August 3rd were issued a $0.3056 dividend. The ex-dividend date was Monday, August 3rd. This represents a c) annualized dividend and a yield of 4.8%. This is an increase from Vanguard Core-Plus Bond ETF’s previous monthly dividend of $0.29.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. AQR Capital Management LLC grew its stake in shares of Vanguard Core-Plus Bond ETF by 103.3% in the first quarter. AQR Capital Management LLC now owns 7,200 shares of the company’s stock valued at $558,000 after buying an additional 3,658 shares in the last quarter. Jones Financial Companies Lllp lifted its position in Vanguard Core-Plus Bond ETF by 147.9% during the 1st quarter. Jones Financial Companies Lllp now owns 14,075 shares of the company’s stock worth $999,000 after acquiring an additional 8,398 shares in the last quarter. Jane Street Group LLC lifted its position in Vanguard Core-Plus Bond ETF by 246.5% during the 1st quarter. Jane Street Group LLC now owns 45,505 shares of the company’s stock worth $3,529,000 after acquiring an additional 32,372 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in Vanguard Core-Plus Bond ETF by 77.1% in the 2nd quarter. Raymond James Financial Inc. now owns 19,063 shares of the company’s stock worth $1,483,000 after acquiring an additional 8,299 shares during the period. Finally, Ausdal Financial Partners Inc. boosted its holdings in Vanguard Core-Plus Bond ETF by 11.0% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 26,450 shares of the company’s stock worth $2,058,000 after acquiring an additional 2,619 shares during the period.

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.