Vanguard Short-Term Inflation-Protected Securities ETF $VTIP Position Lifted by Dorsey & Whitney Trust CO LLC

Dorsey & Whitney Trust CO LLC grew its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 4.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,000 shares of the company’s stock after acquiring an additional 2,000 shares during the period. Dorsey & Whitney Trust CO LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $2,445,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Bank of New York Mellon Corp raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 118.3% during the first quarter. Bank of New York Mellon Corp now owns 972,552 shares of the company’s stock valued at $48,530,000 after buying an additional 527,119 shares in the last quarter. Sowell Financial Services LLC acquired a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 1st quarter valued at approximately $324,000. Golden State Wealth Management LLC lifted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 220.4% during the first quarter. Golden State Wealth Management LLC now owns 769 shares of the company’s stock worth $38,000 after purchasing an additional 529 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 3.8% in the first quarter. Oppenheimer Asset Management Inc. now owns 27,511 shares of the company’s stock worth $1,373,000 after purchasing an additional 1,017 shares during the period. Finally, GAMMA Investing LLC increased its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 4,890.1% during the first quarter. GAMMA Investing LLC now owns 9,531 shares of the company’s stock valued at $476,000 after purchasing an additional 9,340 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of NASDAQ:VTIP opened at $50.32 on Thursday. The company’s fifty day moving average is $50.09 and its two-hundred day moving average is $49.80. Vanguard Short-Term Inflation-Protected Securities ETF has a 1-year low of $48.28 and a 1-year high of $50.37.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 3rd. Shareholders of record on Tuesday, July 1st were issued a $0.426 dividend. This is an increase from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.10. This represents a $1.70 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend was Tuesday, July 1st.

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.