MGO Private Wealth LLC Has $1.40 Million Stock Position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

MGO Private Wealth LLC lowered its stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 76.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 29,523 shares of the company’s stock after selling 97,172 shares during the period. Vanguard Short-Term Inflation-Protected Securities ETF makes up 1.0% of MGO Private Wealth LLC’s investment portfolio, making the stock its 24th biggest position. MGO Private Wealth LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $1,402,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Brookstone Capital Management lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1,282.1% during the third quarter. Brookstone Capital Management now owns 106,890 shares of the company’s stock worth $5,028,000 after purchasing an additional 99,156 shares during the period. Satovsky Asset Management LLC lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 2.6% during the third quarter. Satovsky Asset Management LLC now owns 1,028,469 shares of the company’s stock worth $48,626,000 after purchasing an additional 25,600 shares during the period. Cornerstone Wealth Advisors Inc. lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 8.4% during the third quarter. Cornerstone Wealth Advisors Inc. now owns 5,150 shares of the company’s stock worth $243,000 after purchasing an additional 400 shares during the period. Dakota Wealth Management acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the third quarter worth $3,242,000. Finally, Arbor Investment Advisors LLC lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 2.1% during the third quarter. Arbor Investment Advisors LLC now owns 93,070 shares of the company’s stock worth $4,400,000 after purchasing an additional 1,952 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of NASDAQ:VTIP traded up $0.02 during mid-day trading on Friday, reaching $47.84. 537,016 shares of the company’s stock were exchanged, compared to its average volume of 1,263,314. The business’s fifty day moving average price is $47.76 and its 200-day moving average price is $47.57. Vanguard Short-Term Inflation-Protected Securities ETF has a twelve month low of $46.70 and a twelve month high of $48.17.

Vanguard Short-Term Inflation-Protected Securities ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were issued a dividend of $0.0267 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $0.11 dividend on an annualized basis and a dividend yield of 0.22%.

About Vanguard Short-Term Inflation-Protected Securities ETF

The Vanguard Short-Term Inflation-Protected Securities Index Fund (VTIP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of US Treasury Inflation-Protected Securities (TIPS) with less than 5 years remaining to maturity. VTIP was launched on Oct 12, 2012 and is managed by Vanguard.