Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) Sees Significant Decline in Short Interest

Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 132,179 shares, a decrease of 43.4% from the September 30th total of 233,339 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily volume of 580,351 shares, the days-to-cover ratio is currently 0.2 days.

Vanguard Core-Plus Bond ETF Stock Performance

Shares of NASDAQ:VPLS traded up $0.13 during mid-day trading on Friday, reaching $75.26. The stock had a trading volume of 681,719 shares, compared to its average volume of 224,159. The firm has a 50 day simple moving average of $75.04 and a two-hundred day simple moving average of $76.93. Vanguard Core-Plus Bond ETF has a twelve month low of $73.44 and a twelve month high of $79.34.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VPLS. Bank of America Corp DE increased its holdings in shares of Vanguard Core-Plus Bond ETF by 36.9% in the first quarter. Bank of America Corp DE now owns 1,624,763 shares of the company’s stock worth $126,063,000 after acquiring an additional 437,524 shares in the last quarter. WNY Asset Management LLC bought a new stake in Vanguard Core-Plus Bond ETF during the 1st quarter worth approximately $28,441,000. Keystone Financial Group Inc. increased its stake in Vanguard Core-Plus Bond ETF by 8.2% during the 3rd quarter. Keystone Financial Group Inc. now owns 316,931 shares of the company’s stock worth $23,456,000 after purchasing an additional 23,943 shares in the last quarter. Insight Wealth Strategies LLC increased its stake in Vanguard Core-Plus Bond ETF by 2.5% during the 3rd quarter. Insight Wealth Strategies LLC now owns 309,237 shares of the company’s stock worth $22,887,000 after purchasing an additional 7,530 shares in the last quarter. Finally, Howard Financial Services LTD. raised its holdings in Vanguard Core-Plus Bond ETF by 87.2% during the 3rd quarter. Howard Financial Services LTD. now owns 234,148 shares of the company’s stock worth $17,329,000 after buying an additional 109,096 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.