Studio Investment Management LLC Raises Stock Position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Studio Investment Management LLC grew its stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 20.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,034,295 shares of the company’s stock after acquiring an additional 175,204 shares during the period. Vanguard Short-Term Inflation-Protected Securities ETF accounts for approximately 10.6% of Studio Investment Management LLC’s holdings, making the stock its largest position. Studio Investment Management LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $50,081,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Minot DeBlois Advisors LLC bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter valued at $99,000. Focus Partners Wealth grew its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 17.9% in the 4th quarter. Focus Partners Wealth now owns 2,932,718 shares of the company’s stock valued at $142,002,000 after acquiring an additional 445,129 shares during the period. Fairview Capital Investment Management LLC raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 83.4% in the 4th quarter. Fairview Capital Investment Management LLC now owns 65,084 shares of the company’s stock valued at $3,151,000 after purchasing an additional 29,590 shares during the period. Cornerstone Financial Group LLC NE acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the 4th quarter valued at about $239,000. Finally, Cetera Investment Advisers grew its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 2.6% during the fourth quarter. Cetera Investment Advisers now owns 741,949 shares of the company’s stock worth $35,925,000 after purchasing an additional 18,814 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

NASDAQ:VTIP opened at $49.99 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a 12-month low of $47.76 and a 12-month high of $50.14. The stock’s 50 day moving average price is $49.58 and its two-hundred day moving average price is $49.07.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were paid a $0.0978 dividend. This represents a $0.39 dividend on an annualized basis and a yield of 0.78%. The ex-dividend date was Tuesday, April 1st.

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.