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

Shares of Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) saw unusually-strong trading volume on Tuesday. 428,896 shares traded hands during mid-day trading, an increase of 92% from the average daily volume of 223,736 shares. The stock last traded at $74.9350 and had previously closed at $75.01.

Vanguard Core-Plus Bond ETF Price Performance

The firm’s 50-day moving average is $75.01 and its two-hundred day moving average is $76.91.

Institutional Trading of Vanguard Core-Plus Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Alps Advisors Inc. purchased a new position in Vanguard Core-Plus Bond ETF during the third quarter worth $35,328,000. Bank of America Corp DE increased its position in Vanguard Core-Plus Bond ETF by 36.9% during the first quarter. Bank of America Corp DE now owns 1,624,763 shares of the company’s stock valued at $126,063,000 after acquiring an additional 437,524 shares during the last quarter. WNY Asset Management LLC bought a new position in Vanguard Core-Plus Bond ETF during the first quarter valued at $28,441,000. Commonwealth Equity Services LLC bought a new position in Vanguard Core-Plus Bond ETF during the third quarter valued at $17,067,000. Finally, Physician Wealth Advisors Inc. purchased a new stake in shares of Vanguard Core-Plus Bond ETF in the third quarter valued at $10,103,000.

Vanguard Core-Plus Bond ETF Company 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.