Grant Street Asset Management Inc. Lowers Position in Vanguard Core-Plus Bond ETF $VPLS

Grant Street Asset Management Inc. lessened its stake in Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) by 10.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 46,206 shares of the company’s stock after selling 5,630 shares during the period. Vanguard Core-Plus Bond ETF comprises approximately 0.8% of Grant Street Asset Management Inc.’s investment portfolio, making the stock its 13th largest holding. Grant Street Asset Management Inc. owned 0.58% of Vanguard Core-Plus Bond ETF worth $3,595,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of VPLS. Royal Bank of Canada raised its stake in shares of Vanguard Core-Plus Bond ETF by 4.7% during the 1st quarter. Royal Bank of Canada now owns 152,043 shares of the company’s stock worth $11,793,000 after buying an additional 6,769 shares during the period. Apollon Wealth Management LLC acquired a new position in shares of Vanguard Core-Plus Bond ETF during the 2nd quarter worth approximately $202,000. Panoramic Investment Advisors LLC raised its stake in shares of Vanguard Core-Plus Bond ETF by 6.9% during the 1st quarter. Panoramic Investment Advisors LLC now owns 99,319 shares of the company’s stock worth $7,703,000 after buying an additional 6,400 shares during the period. Vicus Capital acquired a new position in shares of Vanguard Core-Plus Bond ETF during the 2nd quarter worth approximately $1,256,000. Finally, Oak Hill Wealth Advisors LLC raised its stake in shares of Vanguard Core-Plus Bond ETF by 91.3% during the 2nd quarter. Oak Hill Wealth Advisors LLC now owns 11,361 shares of the company’s stock worth $874,000 after buying an additional 5,421 shares during the period.

Vanguard Core-Plus Bond ETF Stock Down 0.5%

Shares of VPLS stock opened at $79.01 on Thursday. The stock has a 50 day simple moving average of $78.61 and a 200-day simple moving average of $77.55. Vanguard Core-Plus Bond ETF has a 1-year low of $74.95 and a 1-year high of $79.41.

Vanguard Core-Plus Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were paid a dividend of $0.2787 per share. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Wednesday, October 1st.

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.