Tcfg Wealth Management LLC Invests $219,000 in Vanguard Core-Plus Bond ETF (NASDAQ:VPLS)

Tcfg Wealth Management LLC purchased a new position in shares of Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,820 shares of the company’s stock, valued at approximately $219,000.

Other hedge funds have also made changes to their positions in the company. CFO4Life Group LLC acquired a new stake in Vanguard Core-Plus Bond ETF in the fourth quarter valued at approximately $3,831,000. Parr Mcknight Wealth Management Group LLC acquired a new stake in Vanguard Core-Plus Bond ETF in the fourth quarter valued at approximately $2,184,000. Strategic Family Wealth Counselors L.L.C. acquired a new stake in Vanguard Core-Plus Bond ETF in the fourth quarter valued at approximately $1,830,000. Captrust Financial Advisors acquired a new stake in Vanguard Core-Plus Bond ETF in the fourth quarter valued at approximately $1,045,000. Finally, Oak Hill Wealth Advisors LLC raised its holdings in Vanguard Core-Plus Bond ETF by 218.4% in the fourth quarter. Oak Hill Wealth Advisors LLC now owns 5,805 shares of the company’s stock valued at $441,000 after acquiring an additional 10,709 shares in the last quarter.

Vanguard Core-Plus Bond ETF Stock Down 0.4%

Shares of NASDAQ:VPLS opened at $76.79 on Monday. The firm’s 50 day moving average price is $76.54 and its 200 day moving average price is $76.67. Vanguard Core-Plus Bond ETF has a fifty-two week low of $74.95 and a fifty-two week high of $79.75.

Vanguard Core-Plus Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were issued a $0.3041 dividend. This is a boost from Vanguard Core-Plus Bond ETF’s previous monthly dividend of $0.30. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $3.65 annualized dividend and a yield of 4.75%.

Vanguard Core-Plus Bond ETF 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.