Sagace Wealth Management LLC Buys 7,136 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Sagace Wealth Management LLC increased its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 62.5% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 18,551 shares of the company’s stock after acquiring an additional 7,136 shares during the quarter. Sagace Wealth Management LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $933,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Ritholtz Wealth Management boosted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 11.6% during the 2nd quarter. Ritholtz Wealth Management now owns 70,192 shares of the company’s stock worth $3,529,000 after buying an additional 7,274 shares during the period. Sterling Financial Planning Inc. boosted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 4.2% during the 2nd quarter. Sterling Financial Planning Inc. now owns 43,985 shares of the company’s stock worth $2,211,000 after buying an additional 1,789 shares during the period. Delap Wealth Advisory LLC boosted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 17.6% during the 2nd quarter. Delap Wealth Advisory LLC now owns 59,125 shares of the company’s stock worth $2,972,000 after buying an additional 8,858 shares during the period. Private Wealth Asset Management LLC boosted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 8.3% during the 2nd quarter. Private Wealth Asset Management LLC now owns 298,392 shares of the company’s stock worth $15,000,000 after buying an additional 22,976 shares during the period. Finally, Aries Wealth Management boosted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1.6% during the 2nd quarter. Aries Wealth Management now owns 30,345 shares of the company’s stock worth $1,525,000 after buying an additional 485 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Down 0.0%

Shares of VTIP stock opened at $50.12 on Wednesday. The company has a 50-day simple moving average of $50.45 and a 200 day simple moving average of $50.12. Vanguard Short-Term Inflation-Protected Securities ETF has a 52 week low of $48.28 and a 52 week high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st were issued a $0.6481 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a $2.59 dividend on an annualized basis and a yield of 5.2%. This is an increase from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.43.

Vanguard Short-Term Inflation-Protected Securities ETF Company Profile

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.