Wealthfront Advisers LLC Purchases 28,428 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Wealthfront Advisers LLC lifted its position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 4.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 746,544 shares of the company’s stock after purchasing an additional 28,428 shares during the period. Wealthfront Advisers LLC owned about 0.24% of Vanguard Short-Term Inflation-Protected Securities ETF worth $37,529,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of VTIP. LPL Financial LLC increased its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 789.9% in the 1st quarter. LPL Financial LLC now owns 14,856,970 shares of the company’s stock worth $741,363,000 after buying an additional 13,187,463 shares in the last quarter. Wealthspire Advisors LLC grew its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 122.7% during the first quarter. Wealthspire Advisors LLC now owns 6,124,360 shares of the company’s stock worth $305,606,000 after purchasing an additional 3,374,033 shares in the last quarter. HighTower Advisors LLC raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 44.7% during the 1st quarter. HighTower Advisors LLC now owns 2,394,624 shares of the company’s stock valued at $119,492,000 after purchasing an additional 739,599 shares during the period. Empowered Funds LLC purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the 1st quarter worth approximately $31,322,000. Finally, Beacon Capital Management Inc. boosted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 53.6% in the 1st quarter. Beacon Capital Management Inc. now owns 1,776,997 shares of the company’s stock worth $88,743,000 after purchasing an additional 619,771 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of VTIP opened at $50.18 on Friday. The company has a 50 day simple moving average of $50.43 and a two-hundred day simple moving average of $50.14. Vanguard Short-Term Inflation-Protected Securities ETF has a 1 year low of $48.28 and a 1 year high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st were issued a dividend of $0.6481 per share. This is a boost 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%.

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.