NavPoint Financial Inc. Has $6.81 Million Position in Vanguard Core-Plus Bond ETF $VPLS

NavPoint Financial Inc. boosted its holdings in shares of Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) by 233.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 87,147 shares of the company’s stock after acquiring an additional 61,016 shares during the quarter. Vanguard Core-Plus Bond ETF makes up approximately 2.9% of NavPoint Financial Inc.’s portfolio, making the stock its 12th largest holding. NavPoint Financial Inc. owned 0.63% of Vanguard Core-Plus Bond ETF worth $6,808,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in VPLS. Geneos Wealth Management Inc. bought a new stake in Vanguard Core-Plus Bond ETF in the third quarter worth approximately $29,000. Joseph Group Capital Management bought a new position in shares of Vanguard Core-Plus Bond ETF during the 3rd quarter valued at $59,000. CIBC Private Wealth Group LLC bought a new position in shares of Vanguard Core-Plus Bond ETF during the 3rd quarter valued at $104,000. Parallel Advisors LLC acquired a new stake in shares of Vanguard Core-Plus Bond ETF in the 3rd quarter valued at $117,000. Finally, Mainsail Asset Management LLC acquired a new stake in shares of Vanguard Core-Plus Bond ETF in the 3rd quarter valued at $220,000.

Vanguard Core-Plus Bond ETF Price Performance

Vanguard Core-Plus Bond ETF stock opened at $77.43 on Monday. Vanguard Core-Plus Bond ETF has a one year low of $74.95 and a one year high of $79.41. The company’s fifty day moving average price is $78.20 and its two-hundred day moving average price is $78.43.

Vanguard Core-Plus Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st will be paid a dividend of $0.2945 per share. This is a boost from Vanguard Core-Plus Bond ETF’s previous monthly dividend of $0.26. The ex-dividend date is Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 4.6%.

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.