Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) Sees Large Growth in Short Interest

Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) saw a significant increase in short interest during the month of March. As of March 31st, there was short interest totaling 61,001 shares, an increase of 25.6% from the March 15th total of 48,568 shares. Based on an average daily volume of 135,825 shares, the short-interest ratio is presently 0.4 days. Approximately 0.3% of the shares of the company are short sold.

Hedge Funds Weigh In On Vanguard Core-Plus Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of VPLS. Bank of America Corp DE increased its position in Vanguard Core-Plus Bond ETF by 63.2% during the third quarter. Bank of America Corp DE now owns 813,159 shares of the company’s stock worth $63,937,000 after acquiring an additional 314,849 shares during the period. LPL Financial LLC increased its position in Vanguard Core-Plus Bond ETF by 48.9% during the fourth quarter. LPL Financial LLC now owns 658,499 shares of the company’s stock worth $51,439,000 after acquiring an additional 216,196 shares during the period. First Commonwealth Financial Corp PA bought a new position in Vanguard Core-Plus Bond ETF during the third quarter worth $12,016,000. Thrivent Financial for Lutherans bought a new position in Vanguard Core-Plus Bond ETF during the fourth quarter worth $7,095,000. Finally, Roehl & Yi Investment Advisors LLC bought a new position in Vanguard Core-Plus Bond ETF during the fourth quarter worth $6,786,000.

Vanguard Core-Plus Bond ETF Stock Performance

Shares of NASDAQ:VPLS opened at $78.00 on Thursday. The business has a 50 day moving average price of $78.11 and a 200 day moving average price of $78.38. Vanguard Core-Plus Bond ETF has a twelve month low of $75.77 and a twelve month high of $79.41.

Vanguard Core-Plus Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, April 6th. Investors of record on Wednesday, April 1st were given a dividend of $0.2945 per share. This represents a c) dividend on an annualized basis and a yield of 4.5%. This is an increase from Vanguard Core-Plus Bond ETF’s previous monthly dividend of $0.26. The ex-dividend date of this dividend was Wednesday, April 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. VPLS was launched on Nov 20, 2023 and is issued by Vanguard.