First Commonwealth Financial Corp PA Acquires Shares of 152,821 Vanguard Core-Plus Bond ETF $VPLS

First Commonwealth Financial Corp PA bought a new position in shares of Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 152,821 shares of the company’s stock, valued at approximately $12,016,000. Vanguard Core-Plus Bond ETF makes up about 2.0% of First Commonwealth Financial Corp PA’s investment portfolio, making the stock its 9th biggest position. First Commonwealth Financial Corp PA owned 1.43% of Vanguard Core-Plus Bond ETF as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Geneos Wealth Management Inc. acquired a new position in Vanguard Core-Plus Bond ETF in the third quarter valued at about $29,000. Joseph Group Capital Management bought a new stake in Vanguard Core-Plus Bond ETF during the third quarter worth about $59,000. Parallel Advisors LLC acquired a new stake in Vanguard Core-Plus Bond ETF during the third quarter worth about $117,000. Mainsail Asset Management LLC bought a new position in Vanguard Core-Plus Bond ETF in the 3rd quarter valued at about $220,000. Finally, Roberts Glore & Co. Inc. IL bought a new position in Vanguard Core-Plus Bond ETF in the 3rd quarter valued at about $247,000.

Vanguard Core-Plus Bond ETF Stock Performance

Shares of NASDAQ:VPLS opened at $77.92 on Wednesday. The firm has a 50 day moving average of $78.46 and a 200-day moving average of $78.54. Vanguard Core-Plus Bond ETF has a 12 month low of $74.95 and a 12 month high of $79.41.

Vanguard Core-Plus Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a $0.2632 dividend. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Monday, March 2nd.

About Vanguard Core-Plus Bond ETF

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.