Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) Sees Strong Trading Volume – Here’s What Happened

Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) shares saw unusually-strong trading volume on Tuesday. Approximately 428,896 shares were traded during mid-day trading, an increase of 92% from the average daily volume of 223,736 shares. The stock last traded at $74.9350 and had previously closed at $75.01.

Vanguard Core-Plus Bond ETF Price Performance

The company’s fifty day simple moving average is $74.95 and its 200 day simple moving average is $76.88.

Institutional Trading of Vanguard Core-Plus Bond ETF

Large investors have recently bought and sold shares of the business. Alps Advisors Inc. acquired a new stake in shares of Vanguard Core-Plus Bond ETF in the 3rd quarter worth about $35,328,000. Bank of America Corp DE raised its holdings in Vanguard Core-Plus Bond ETF by 36.9% during the 1st quarter. Bank of America Corp DE now owns 1,624,763 shares of the company’s stock valued at $126,063,000 after acquiring an additional 437,524 shares during the period. WNY Asset Management LLC purchased a new stake in shares of Vanguard Core-Plus Bond ETF in the first quarter worth about $28,441,000. Commonwealth Equity Services LLC purchased a new position in Vanguard Core-Plus Bond ETF during the third quarter worth about $17,067,000. Finally, Physician Wealth Advisors Inc. bought a new position in shares of Vanguard Core-Plus Bond ETF in the 3rd quarter worth $10,103,000.

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.