Bank of New York Mellon Corp Boosts Stake in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Bank of New York Mellon Corp increased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 0.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 977,328 shares of the company’s stock after acquiring an additional 4,776 shares during the period. Bank of New York Mellon Corp’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $49,130,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. BCGM Wealth Management LLC purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 2nd quarter valued at about $685,000. Sigma Planning Corp grew its position in Vanguard Short-Term Inflation-Protected Securities ETF by 5.2% during the second quarter. Sigma Planning Corp now owns 51,200 shares of the company’s stock worth $2,574,000 after buying an additional 2,527 shares during the period. Strategic Financial Concepts LLC purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the second quarter valued at about $2,940,000. Benningfield Financial Advisors LLC increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 1.8% in the second quarter. Benningfield Financial Advisors LLC now owns 365,155 shares of the company’s stock valued at $18,356,000 after buying an additional 6,574 shares in the last quarter. Finally, Lifeworks Advisors LLC lifted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 5.2% during the 2nd quarter. Lifeworks Advisors LLC now owns 295,644 shares of the company’s stock valued at $14,862,000 after acquiring an additional 14,526 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of NASDAQ:VTIP opened at $50.13 on Wednesday. The business’s 50 day simple moving average is $50.32 and its 200-day simple moving average is $50.17. Vanguard Short-Term Inflation-Protected Securities ETF has a 12 month low of $48.28 and a 12 month high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

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

Vanguard Short-Term Inflation-Protected Securities ETF 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.