Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) Sees Unusually-High Trading Volume – Still a Buy?

Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) shares saw strong trading volume on Friday . Approximately 363,261 shares were traded during trading, an increase of 135% from the previous session’s volume of 154,459 shares.The stock last traded at $77.75 and had previously closed at $77.74.

Vanguard Core-Plus Bond ETF Price Performance

The stock’s 50-day moving average is $77.44 and its 200 day moving average is $77.93.

Vanguard Core-Plus Bond ETF Announces Dividend

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

Institutional Trading of Vanguard Core-Plus Bond ETF

Institutional investors have recently modified their holdings of the business. Jessup Wealth Management Inc acquired a new position in Vanguard Core-Plus Bond ETF during the fourth quarter worth $30,000. Godfrey Financial Associates Inc. purchased a new position in Vanguard Core-Plus Bond ETF in the fourth quarter worth $36,000. Geneos Wealth Management Inc. lifted its holdings in Vanguard Core-Plus Bond ETF by 66.7% in the fourth quarter. Geneos Wealth Management Inc. now owns 625 shares of the company’s stock valued at $49,000 after acquiring an additional 250 shares during the period. Hazlett Burt & Watson Inc. purchased a new stake in shares of Vanguard Core-Plus Bond ETF during the 4th quarter worth $49,000. Finally, Kestra Advisory Services LLC purchased a new stake in shares of Vanguard Core-Plus Bond ETF during the 4th quarter worth $64,000.

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.