Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) Shares Purchased by Summit Financial LLC

Summit Financial LLC boosted its position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 1.1% in the 4th quarter, Holdings Channel reports. The fund owned 22,510 shares of the company’s stock after purchasing an additional 239 shares during the period. Summit Financial LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $1,090,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in VTIP. C M Bidwell & Associates Ltd. lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 4.6% during the 4th quarter. C M Bidwell & Associates Ltd. now owns 84,696 shares of the company’s stock worth $4,101,000 after acquiring an additional 3,738 shares during the period. Physician Wealth Advisors Inc. raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 9.9% during the fourth quarter. Physician Wealth Advisors Inc. now owns 5,530 shares of the company’s stock worth $268,000 after purchasing an additional 500 shares during the period. Portland Global Advisors LLC boosted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 8.7% in the 4th quarter. Portland Global Advisors LLC now owns 364,373 shares of the company’s stock valued at $17,643,000 after purchasing an additional 29,217 shares during the last quarter. Michael A. Dubis Financial Planning LLC purchased a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 4th quarter valued at $851,000. Finally, WealthTrak Capital Management LLC acquired a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 4th quarter worth $531,000.

Vanguard Short-Term Inflation-Protected Securities ETF Trading Down 0.2 %

Shares of Vanguard Short-Term Inflation-Protected Securities ETF stock opened at $49.81 on Wednesday. The business’s fifty day moving average price is $49.23 and its 200 day moving average price is $48.99. Vanguard Short-Term Inflation-Protected Securities ETF has a twelve month low of $47.71 and a twelve month high of $50.19.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st will be issued a dividend of $0.0978 per share. This represents a $0.39 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date is 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.