Short Interest in Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) Declines By 13.8%

Vanguard Core-Plus Bond ETF (NASDAQ:VPLS) was the recipient of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 9,400 shares, a decline of 13.8% from the February 28th total of 10,900 shares. Based on an average daily volume of 73,800 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.2% of the company’s shares are short sold.

Vanguard Core-Plus Bond ETF Price Performance

Shares of Vanguard Core-Plus Bond ETF stock opened at $77.49 on Wednesday. The company’s fifty day simple moving average is $76.95 and its two-hundred day simple moving average is $77.17. Vanguard Core-Plus Bond ETF has a 12-month low of $74.41 and a 12-month high of $79.75.

Vanguard Core-Plus Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st will be paid a $0.2944 dividend. The ex-dividend date is Tuesday, April 1st. This is a boost from Vanguard Core-Plus Bond ETF’s previous monthly dividend of $0.29. This represents a $3.53 annualized dividend and a dividend yield of 4.56%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. CFO4Life Group LLC bought a new stake in shares of Vanguard Core-Plus Bond ETF in the 4th quarter worth approximately $3,831,000. Silver Oak Securities Incorporated purchased a new stake in Vanguard Core-Plus Bond ETF in the fourth quarter worth $3,566,000. Keystone Financial Group Inc. bought a new stake in Vanguard Core-Plus Bond ETF in the fourth quarter valued at $3,394,000. Parr Mcknight Wealth Management Group LLC purchased a new position in Vanguard Core-Plus Bond ETF during the 4th quarter valued at $2,184,000. Finally, Strategic Family Wealth Counselors L.L.C. bought a new position in Vanguard Core-Plus Bond ETF in the 4th quarter worth $1,830,000.

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.