Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) Sets New 12-Month Low – Here’s Why

Vanguard Core-Plus Bond ETF (NASDAQ:VPLS)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as $75.04 and last traded at $74.97, with a volume of 33200 shares traded. The stock had previously closed at $75.37.

Vanguard Core-Plus Bond ETF Trading Down 0.9%

The firm’s 50 day simple moving average is $76.22 and its two-hundred day simple moving average is $77.02.

Hedge Funds Weigh In On Vanguard Core-Plus Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Godfrey Financial Associates Inc. bought a new stake in shares of Vanguard Core-Plus Bond ETF in the 4th quarter worth approximately $36,000. Hazlett Burt & Watson Inc. bought a new stake in Vanguard Core-Plus Bond ETF in the fourth quarter valued at $49,000. Eastern Bank acquired a new position in shares of Vanguard Core-Plus Bond ETF during the second quarter valued at $175,000. MCF Advisors LLC bought a new position in shares of Vanguard Core-Plus Bond ETF during the fourth quarter worth about $201,000. Finally, PFG Investments LLC bought a new position in shares of Vanguard Core-Plus Bond ETF during the first quarter worth about $222,000.

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.