Iams Wealth Management LLC Takes Position in Vanguard Core-Plus Bond ETF $VPLS

Iams Wealth Management LLC acquired a new stake in shares of Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 30,465 shares of the company’s stock, valued at approximately $2,380,000.

Other large investors have also recently made changes to their positions in the company. Geneos Wealth Management Inc. purchased a new stake in shares of Vanguard Core-Plus Bond ETF during the third quarter valued at $29,000. Joseph Group Capital Management purchased a new stake in shares of Vanguard Core-Plus Bond ETF during the third quarter valued at $59,000. CIBC Private Wealth Group LLC purchased a new stake in shares of Vanguard Core-Plus Bond ETF during the third quarter valued at $104,000. Parallel Advisors LLC purchased a new stake in shares of Vanguard Core-Plus Bond ETF during the third quarter valued at $117,000. Finally, Mainsail Asset Management LLC purchased a new stake in shares of Vanguard Core-Plus Bond ETF during the third quarter valued at $220,000.

Vanguard Core-Plus Bond ETF Price Performance

Shares of VPLS opened at $77.89 on Friday. Vanguard Core-Plus Bond ETF has a 1-year low of $75.77 and a 1-year high of $79.41. The company’s fifty day moving average price is $78.10 and its 200-day moving average price is $78.38.

Vanguard Core-Plus Bond ETF Increases Dividend

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

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.