Short Interest in Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) Grows By 88.7%

Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) was the target of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 83,064 shares, a growth of 88.7% from the February 12th total of 44,024 shares. Based on an average daily trading volume, of 160,392 shares, the short-interest ratio is presently 0.5 days. Approximately 0.6% of the company’s shares are short sold. Approximately 0.6% of the company’s shares are short sold. Based on an average daily trading volume, of 160,392 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors 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 stock. Bank of America Corp DE lifted its stake in Vanguard Core-Plus Bond ETF by 63.2% in the third quarter. Bank of America Corp DE now owns 813,159 shares of the company’s stock valued at $63,937,000 after buying an additional 314,849 shares during the period. LPL Financial LLC grew its position in shares of Vanguard Core-Plus Bond ETF by 48.9% during the 4th quarter. LPL Financial LLC now owns 658,499 shares of the company’s stock worth $51,439,000 after buying an additional 216,196 shares during the period. First Commonwealth Financial Corp PA bought a new stake in shares of Vanguard Core-Plus Bond ETF in the 3rd quarter valued at about $12,016,000. Thrivent Financial for Lutherans bought a new stake in shares of Vanguard Core-Plus Bond ETF in the 4th quarter valued at about $7,095,000. Finally, Roehl & Yi Investment Advisors LLC acquired a new stake in shares of Vanguard Core-Plus Bond ETF in the 4th quarter valued at approximately $6,786,000.

Vanguard Core-Plus Bond ETF Stock Down 0.4%

VPLS opened at $77.93 on Thursday. The company has a fifty day moving average price of $78.50 and a two-hundred day moving average price of $78.55. Vanguard Core-Plus Bond ETF has a 52 week low of $74.95 and a 52 week high of $79.41.

Vanguard Core-Plus Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were given a $0.2632 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date 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.