Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) Reaches New 1-Year Low – What’s Next?

Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $75.04 and last traded at $74.97, with a volume of 33200 shares changing hands. The stock had previously closed at $75.37.

Vanguard Core-Plus Bond ETF Trading Down 0.9%

The business’s 50 day moving average price is $76.22 and its 200-day moving average price is $77.02.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Godfrey Financial Associates Inc. purchased a new position in Vanguard Core-Plus Bond ETF in the fourth quarter valued at about $36,000. Hazlett Burt & Watson Inc. acquired a new stake in shares of Vanguard Core-Plus Bond ETF during the fourth quarter worth approximately $49,000. Eastern Bank bought a new stake in shares of Vanguard Core-Plus Bond ETF in the 2nd quarter worth about $175,000. MCF Advisors LLC bought a new stake in Vanguard Core-Plus Bond ETF in the fourth quarter valued at about $201,000. Finally, PFG Investments LLC bought a new position in Vanguard Core-Plus Bond ETF during the 1st quarter worth approximately $222,000.

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.