First Commonwealth Financial Corp PA Purchases New Position in Vanguard Core-Plus Bond ETF $VPLS

First Commonwealth Financial Corp PA acquired a new position in shares of Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 152,821 shares of the company’s stock, valued at approximately $12,016,000. Vanguard Core-Plus Bond ETF accounts for approximately 2.0% of First Commonwealth Financial Corp PA’s holdings, making the stock its 9th biggest holding.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Geneos Wealth Management Inc. bought a new position in Vanguard Core-Plus Bond ETF in the 3rd quarter valued at approximately $29,000. Joseph Group Capital Management bought a new stake in shares of Vanguard Core-Plus Bond ETF during the third quarter worth $59,000. Parallel Advisors LLC acquired a new position in shares of Vanguard Core-Plus Bond ETF during the third quarter worth $117,000. Mainsail Asset Management LLC acquired a new position in shares of Vanguard Core-Plus Bond ETF during the third quarter worth $220,000. Finally, Roberts Glore & Co. Inc. IL bought a new position in shares of Vanguard Core-Plus Bond ETF in the 3rd quarter valued at $247,000.

Vanguard Core-Plus Bond ETF Price Performance

NASDAQ VPLS opened at $77.92 on Wednesday. Vanguard Core-Plus Bond ETF has a twelve month low of $74.95 and a twelve month high of $79.41. The business’s fifty day moving average is $78.46 and its 200 day moving average is $78.54.

Vanguard Core-Plus Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a $0.2632 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.1%.

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.