Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) Sees Significant Drop in Short Interest

Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) saw a significant decrease in short interest in August. As of August 14th, there was short interest totaling 70,612 shares, a decrease of 57.9% from the July 30th total of 167,805 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 253,727 shares, the short-interest ratio is presently 0.3 days.

Vanguard Core-Plus Bond ETF Stock Up 0.0%

Shares of VPLS opened at $76.72 on Friday. Vanguard Core-Plus Bond ETF has a 12-month low of $76.16 and a 12-month high of $79.41. The business has a 50-day simple moving average of $76.80 and a two-hundred day simple moving average of $77.43.

Vanguard Core-Plus Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Monday, August 3rd were issued a dividend of $0.3056 per share. This represents a c) annualized dividend and a dividend yield of 4.8%. This is an increase from Vanguard Core-Plus Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Monday, August 3rd.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its position 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 worth $126,063,000 after buying an additional 437,524 shares during the period. WNY Asset Management LLC bought a new position in shares of Vanguard Core-Plus Bond ETF during the first quarter valued at $28,441,000. LPL Financial LLC raised its stake 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 acquiring an additional 216,196 shares during the last quarter. Pasadena Private Wealth LLC acquired a new position in shares of Vanguard Core-Plus Bond ETF during the first quarter worth $10,391,000. Finally, R. W. Roge & Company Inc. lifted its holdings in shares of Vanguard Core-Plus Bond ETF by 1,691.2% during the first quarter. R. W. Roge & Company Inc. now owns 107,275 shares of the company’s stock worth $8,323,000 after purchasing an additional 101,286 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.