Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) Reaches New 1-Year Low – Should You Sell?

Shares of Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) hit a new 52-week low on Monday . The company traded as low as $76.18 and last traded at $76.18, with a volume of 13933 shares. The stock had previously closed at $76.36.

Vanguard Core-Plus Bond ETF Stock Down 0.2%

The company has a 50 day simple moving average of $77.11 and a 200-day simple moving average of $77.68.

Vanguard Core-Plus Bond ETF Dividend Announcement

The business also recently disclosed 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 4.6%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Jessup Wealth Management Inc acquired a new stake in Vanguard Core-Plus Bond ETF in the fourth quarter worth $30,000. Godfrey Financial Associates Inc. bought a new stake in Vanguard Core-Plus Bond ETF in the fourth quarter valued at $36,000. Geneos Wealth Management Inc. raised its holdings in shares of Vanguard Core-Plus Bond ETF by 66.7% during the fourth quarter. Geneos Wealth Management Inc. now owns 625 shares of the company’s stock valued at $49,000 after purchasing an additional 250 shares during the period. Hazlett Burt & Watson Inc. acquired a new position in shares of Vanguard Core-Plus Bond ETF during the fourth quarter valued at about $49,000. Finally, Kestra Advisory Services LLC acquired a new position in shares of Vanguard Core-Plus Bond ETF during the fourth quarter valued at about $64,000.

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.