Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) Sees Strong Trading Volume – Still a Buy?

Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) shares saw strong trading volume on Wednesday. Approximately 471,656 shares changed hands during mid-day trading, an increase of 116% from the average daily volume of 218,274 shares. The stock last traded at $74.9390 and had previously closed at $75.03.

Vanguard Core-Plus Bond ETF Price Performance

The firm’s 50 day simple moving average is $75.12 and its 200-day simple moving average is $76.97.

Hedge Funds Weigh In On Vanguard Core-Plus Bond ETF

A number of institutional investors have recently bought and sold shares of VPLS. Bank of America Corp DE boosted its stake in shares of 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 acquiring an additional 437,524 shares during the period. WNY Asset Management LLC acquired a new stake in Vanguard Core-Plus Bond ETF during the 1st quarter valued at $28,441,000. Keystone Financial Group Inc. lifted its holdings in Vanguard Core-Plus Bond ETF by 8.2% during the 3rd quarter. Keystone Financial Group Inc. now owns 316,931 shares of the company’s stock valued at $23,456,000 after purchasing an additional 23,943 shares during the last quarter. Insight Wealth Strategies LLC boosted its position in Vanguard Core-Plus Bond ETF by 2.5% during the third quarter. Insight Wealth Strategies LLC now owns 309,237 shares of the company’s stock worth $22,887,000 after purchasing an additional 7,530 shares during the period. Finally, Howard Financial Services LTD. boosted its position in Vanguard Core-Plus Bond ETF by 87.2% during the third quarter. Howard Financial Services LTD. now owns 234,148 shares of the company’s stock worth $17,329,000 after purchasing an additional 109,096 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.