Pekin Hardy Strauss Inc. Purchases 31,575 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Pekin Hardy Strauss Inc. purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP – Free Report) in the 3rd quarter, Holdings Channel.com reports. The fund purchased 31,575 shares of the company’s stock, valued at approximately $1,554,000.

Several other institutional investors have also added to or reduced their stakes in VTIP. Kestra Advisory Services LLC lifted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 10.6% in the 3rd quarter. Kestra Advisory Services LLC now owns 707,424 shares of the company’s stock valued at $34,819,000 after acquiring an additional 67,719 shares during the last quarter. Avant Financial Advisors LLC grew its position in Vanguard Short-Term Inflation-Protected Securities ETF by 5.8% during the 3rd quarter. Avant Financial Advisors LLC now owns 68,330 shares of the company’s stock worth $3,363,000 after acquiring an additional 3,757 shares during the last quarter. Capstone Wealth Management LLC grew its position in Vanguard Short-Term Inflation-Protected Securities ETF by 9.5% during the 3rd quarter. Capstone Wealth Management LLC now owns 27,757 shares of the company’s stock worth $1,366,000 after acquiring an additional 2,418 shares during the last quarter. Commonwealth Equity Services LLC purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the 3rd quarter worth approximately $31,079,000. Finally, Capital Investment Services of America Inc. increased its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 216.6% in the 3rd quarter. Capital Investment Services of America Inc. now owns 33,795 shares of the company’s stock worth $1,663,000 after purchasing an additional 23,122 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

VTIP stock traded up $0.01 during midday trading on Friday, hitting $48.79. The company had a trading volume of 6,738,990 shares, compared to its average volume of 2,726,360. Vanguard Short-Term Inflation-Protected Securities ETF has a 52 week low of $48.28 and a 52 week high of $50.48. The stock’s 50 day moving average price is $49.03 and its 200 day moving average price is $49.71.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, October 5th. Stockholders 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. This represents a $3.73 annualized dividend and a dividend yield of 7.7%. The ex-dividend date was Thursday, October 1st.

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.

See Also

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:VTIP – Free Report).

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

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