Fortitude Advisory Group L.L.C. acquired a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP – Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 11,236 shares of the company’s stock, valued at approximately $553,000.
A number of other institutional investors have also modified their holdings of the business. Allied Investment Advisors LLC raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 37,724.1% during the third quarter. Allied Investment Advisors LLC now owns 1,633,246 shares of the company’s stock worth $80,388,000 after acquiring an additional 1,628,928 shares during the period. Empowered Funds LLC bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the first quarter worth about $67,290,000. Wealthfront Advisers LLC lifted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 33.6% in the first quarter. Wealthfront Advisers LLC now owns 4,855,031 shares of the company’s stock worth $242,509,000 after acquiring an additional 1,221,608 shares during the last quarter. Trust Co. of Vermont acquired a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the second quarter valued at approximately $45,229,000. Finally, Corient Private Wealth LLC boosted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 986.9% in the fourth quarter. Corient Private Wealth LLC now owns 669,149 shares of the company’s stock valued at $33,096,000 after acquiring an additional 607,586 shares during the period.
Vanguard Short-Term Inflation-Protected Securities ETF Stock Up 0.1%
NASDAQ:VTIP opened at $48.58 on Friday. The stock has a 50 day moving average of $49.33 and a 200-day moving average of $49.81. Vanguard Short-Term Inflation-Protected Securities ETF has a 52 week low of $48.28 and a 52 week high of $50.48.
Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, October 5th. Investors of record on Thursday, October 1st were issued a $0.9333 dividend. This is a positive change from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.6804. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $3.73 annualized dividend and a dividend yield of 7.7%.
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.
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