Tassel Capital Management Inc. Makes New Investment in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Tassel Capital Management Inc. bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIPFree Report) during the 2nd quarter, HoldingsChannel reports. The institutional investor bought 25,084 shares of the company’s stock, valued at approximately $1,260,000. Vanguard Short-Term Inflation-Protected Securities ETF makes up approximately 0.6% of Tassel Capital Management Inc.’s portfolio, making the stock its 13th biggest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VTIP. TD Waterhouse Canada Inc. lifted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 5,490.7% in the second quarter. TD Waterhouse Canada Inc. now owns 6,038 shares of the company’s stock worth $299,000 after buying an additional 5,930 shares during the last quarter. Concurrent Investment Advisors LLC raised its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 7.4% during the second quarter. Concurrent Investment Advisors LLC now owns 25,809 shares of the company’s stock valued at $1,296,000 after buying an additional 1,787 shares during the last quarter. Greenspring Advisors LLC lifted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1.0% in the second quarter. Greenspring Advisors LLC now owns 45,483 shares of the company’s stock valued at $2,285,000 after buying an additional 465 shares during the period. Mayport LLC boosted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 6.1% during the second quarter. Mayport LLC now owns 420,360 shares of the company’s stock valued at $21,115,000 after purchasing an additional 24,012 shares in the last quarter. Finally, Continuum Advisory LLC boosted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 2.1% in the 2nd quarter. Continuum Advisory LLC now owns 29,042 shares of the company’s stock valued at $1,459,000 after buying an additional 592 shares in the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of VTIP stock opened at $49.72 on Friday. The firm has a 50-day moving average price of $49.70 and a 200 day moving average price of $49.97. Vanguard Short-Term Inflation-Protected Securities ETF has a 12-month low of $49.35 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 Monday, July 6th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.6804 per share. The ex-dividend date was Wednesday, July 1st. This is an increase from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.02. This represents a $2.72 dividend on an annualized basis and a dividend yield of 5.5%.

Vanguard Short-Term Inflation-Protected Securities ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding VTIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIPFree Report).

Institutional Ownership by Quarter for Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

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