Coastline Trust Co Invests $72,000 in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Coastline Trust Co bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,470 shares of the company’s stock, valued at approximately $72,000.

Several other institutional investors have also recently made changes to their positions in the company. ORG Partners LLC bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the second quarter valued at $27,000. Macroview Investment Management LLC raised its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 18,466.7% during the third quarter. Macroview Investment Management LLC now owns 557 shares of the company’s stock valued at $27,000 after acquiring an additional 554 shares during the last quarter. Family Firm Inc. purchased a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the 2nd quarter worth approximately $31,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the second quarter valued at $33,000. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 359.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,253 shares of the company’s stock valued at $61,000 after purchasing an additional 980 shares in the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of NASDAQ VTIP opened at $48.80 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a 1 year low of $47.37 and a 1 year high of $49.41. The firm has a 50-day moving average of $48.97 and a 200 day moving average of $48.59.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were given a $0.308 dividend. This represents a $1.23 dividend on an annualized basis and a yield of 2.52%. The ex-dividend date was Tuesday, October 1st.

Vanguard Short-Term Inflation-Protected Securities ETF Company 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.