United Advisor Group LLC Makes New Investment in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

United Advisor Group LLC bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) in the second quarter, HoldingsChannel reports. The institutional investor bought 15,387 shares of the company’s stock, valued at approximately $773,000.

Other large investors also recently modified their holdings of the company. LPL Financial LLC raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 789.9% in the first quarter. LPL Financial LLC now owns 14,856,970 shares of the company’s stock valued at $741,363,000 after purchasing an additional 13,187,463 shares in the last quarter. Wealthspire Advisors LLC increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 122.7% in the 1st quarter. Wealthspire Advisors LLC now owns 6,124,360 shares of the company’s stock valued at $305,606,000 after buying an additional 3,374,033 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 79.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,082,483 shares of the company’s stock worth $205,226,000 after acquiring an additional 1,805,350 shares during the period. Fund Evaluation Group LLC acquired a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 2nd quarter worth approximately $40,814,000. Finally, HighTower Advisors LLC increased its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 44.7% in the first quarter. HighTower Advisors LLC now owns 2,394,624 shares of the company’s stock valued at $119,492,000 after acquiring an additional 739,599 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Shares of VTIP opened at $50.06 on Wednesday. The firm has a 50 day simple moving average of $50.26 and a two-hundred day simple moving average of $50.17. Vanguard Short-Term Inflation-Protected Securities ETF has a one year low of $48.28 and a one year high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently declared 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 an increase 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 dividend on an annualized basis and a dividend 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.