Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) Sees Large Volume Increase – Time to Buy?

Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) shares saw unusually-strong trading volume on Friday. 395,430 shares traded hands during mid-day trading, an increase of 99% from the previous session’s volume of 198,910 shares. The stock last traded at $73.9050 and had previously closed at $74.00.

Vanguard Core-Plus Bond ETF Trading Down 0.0%

The business’s 50-day simple moving average is $75.60 and its 200-day simple moving average is $76.70.

Hedge Funds Weigh In On Vanguard Core-Plus Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bank of America Corp DE lifted 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 in the last quarter. WNY Asset Management LLC bought a new stake in Vanguard Core-Plus Bond ETF in the first quarter valued at $28,441,000. Keystone Financial Group Inc. increased its position in shares of Vanguard Core-Plus Bond ETF by 50.4% during the first quarter. Keystone Financial Group Inc. now owns 272,896 shares of the company’s stock valued at $21,174,000 after acquiring an additional 91,403 shares in the last quarter. Summit Financial LLC lifted its position in Vanguard Core-Plus Bond ETF by 6.2% during the fourth quarter. Summit Financial LLC now owns 237,946 shares of the company’s stock valued at $18,587,000 after purchasing an additional 13,882 shares in the last quarter. Finally, Balance Wealth LLC raised its holdings in shares of Vanguard Core-Plus Bond ETF by 0.3% during the 1st quarter. Balance Wealth LLC now owns 189,573 shares of the company’s stock worth $14,709,000 after acquiring an additional 597 shares in the last quarter.

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.