Wingate Wealth Advisors Inc. Makes New Investment in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Wingate Wealth Advisors Inc. purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) in the 2nd quarter, Holdings Channel reports. The institutional investor purchased 44,701 shares of the company’s stock, valued at approximately $2,247,000. Vanguard Short-Term Inflation-Protected Securities ETF accounts for 2.0% of Wingate Wealth Advisors Inc.’s investment portfolio, making the stock its 12th biggest holding.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. LPL Financial LLC raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 789.9% during the 1st quarter. LPL Financial LLC now owns 14,856,970 shares of the company’s stock worth $741,363,000 after acquiring an additional 13,187,463 shares in the last quarter. Valmark Advisers Inc. raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 2.3% during the 2nd quarter. Valmark Advisers Inc. now owns 6,137,765 shares of the company’s stock worth $308,545,000 after acquiring an additional 137,896 shares in the last quarter. Wealthspire Advisors LLC raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 122.7% during the 1st quarter. Wealthspire Advisors LLC now owns 6,124,360 shares of the company’s stock worth $305,606,000 after acquiring an additional 3,374,033 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 5.3% during the 2nd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 4,084,092 shares of the company’s stock worth $205,307,000 after acquiring an additional 206,352 shares in the last quarter. Finally, Focus Partners Advisor Solutions LLC raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 19.8% during the 1st quarter. Focus Partners Advisor Solutions LLC now owns 3,207,195 shares of the company’s stock worth $160,039,000 after acquiring an additional 531,122 shares in the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Down 0.1%

Shares of VTIP opened at $50.13 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a 1 year low of $48.28 and a 1 year high of $50.81. The business’s 50 day simple moving average is $50.44 and its 200-day simple moving average is $50.13.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

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

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.