Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) Sees Unusually-High Trading Volume Following Dividend Announcement

Shares of Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) saw unusually-strong trading volume on Wednesday after the company announced a dividend. Approximately 390,228 shares changed hands during mid-day trading, an increase of 155% from the previous session’s volume of 153,245 shares.The stock last traded at $77.50 and had previously closed at $77.79.

The newly announced dividend which will be paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st will be paid a $0.2842 dividend. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date is Friday, May 1st.

Vanguard Core-Plus Bond ETF Price Performance

The business has a 50 day simple moving average of $77.92 and a 200-day simple moving average of $78.33.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Commonwealth Equity Services LLC grew its stake in shares of Vanguard Core-Plus Bond ETF by 100.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 77,080 shares of the company’s stock worth $6,061,000 after acquiring an additional 38,714 shares during the period. Accredited Wealth Management LLC grew its stake in shares of Vanguard Core-Plus Bond ETF by 900.1% during the 3rd quarter. Accredited Wealth Management LLC now owns 8,501 shares of the company’s stock worth $668,000 after acquiring an additional 7,651 shares during the period. Vicus Capital grew its stake in shares of Vanguard Core-Plus Bond ETF by 99.4% during the 3rd quarter. Vicus Capital now owns 32,188 shares of the company’s stock worth $2,531,000 after acquiring an additional 16,042 shares during the period. NavPoint Financial Inc. grew its stake in shares of Vanguard Core-Plus Bond ETF by 233.5% during the 4th quarter. NavPoint Financial Inc. now owns 87,147 shares of the company’s stock worth $6,808,000 after acquiring an additional 61,016 shares during the period. Finally, Lakewood Asset Management LLC grew its stake in shares of Vanguard Core-Plus Bond ETF by 38.0% during the 3rd quarter. Lakewood Asset Management LLC now owns 32,803 shares of the company’s stock worth $2,579,000 after acquiring an additional 9,033 shares during the period.

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.