Red Mountain Financial LLC Increases Position in Vanguard Core-Plus Bond ETF $VPLS

Red Mountain Financial LLC raised its stake in shares of Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) by 117.4% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 46,483 shares of the company’s stock after purchasing an additional 25,100 shares during the period. Vanguard Core-Plus Bond ETF makes up approximately 3.4% of Red Mountain Financial LLC’s portfolio, making the stock its 9th biggest holding. Red Mountain Financial LLC’s holdings in Vanguard Core-Plus Bond ETF were worth $3,607,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Bank of America Corp DE raised its stake in shares of Vanguard Core-Plus Bond ETF by 63.2% in the third quarter. Bank of America Corp DE now owns 813,159 shares of the company’s stock worth $63,937,000 after purchasing an additional 314,849 shares during the last quarter. LPL Financial LLC boosted its position in shares of Vanguard Core-Plus Bond ETF by 48.9% during the fourth quarter. LPL Financial LLC now owns 658,499 shares of the company’s stock valued at $51,439,000 after buying an additional 216,196 shares during the last quarter. First Commonwealth Financial Corp PA purchased a new position in shares of Vanguard Core-Plus Bond ETF during the third quarter valued at approximately $12,016,000. Pasadena Private Wealth LLC bought a new stake in Vanguard Core-Plus Bond ETF during the first quarter worth $10,391,000. Finally, Evolve Private Wealth LLC bought a new stake in Vanguard Core-Plus Bond ETF during the first quarter worth $7,238,000.

Vanguard Core-Plus Bond ETF Trading Down 0.2%

NASDAQ VPLS traded down $0.17 on Tuesday, reaching $77.11. The company had a trading volume of 54,891 shares, compared to its average volume of 158,426. The company’s fifty day moving average is $77.37 and its 200 day moving average is $77.88. Vanguard Core-Plus Bond ETF has a 52-week low of $76.43 and a 52-week high of $79.41.

Vanguard Core-Plus Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were paid a $0.2909 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 4.5%.

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.