Innovative Wealth Building LLC Takes Position in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Innovative Wealth Building LLC purchased a new stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) during the second quarter, Holdings Channel reports. The firm purchased 22,587 shares of the company’s stock, valued at approximately $1,135,000. Vanguard Short-Term Inflation-Protected Securities ETF makes up approximately 0.9% of Innovative Wealth Building LLC’s portfolio, making the stock its 21st biggest position.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Garrison Bradford & Associates Inc. purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 1st quarter valued at approximately $25,000. Wayfinding Financial LLC purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 1st quarter valued at approximately $26,000. Hager Investment Management Services LLC purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 1st quarter valued at approximately $27,000. First Pacific Financial purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 2nd quarter valued at approximately $33,000. Finally, Rossby Financial LCC purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 1st quarter valued at approximately $36,000.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Down 0.1%

Shares of Vanguard Short-Term Inflation-Protected Securities ETF stock opened at $49.99 on Friday. The company has a 50 day moving average price of $50.46 and a 200 day moving average price of $50.10. Vanguard Short-Term Inflation-Protected Securities ETF has a 52 week low of $48.28 and a 52 week high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were given a $0.6481 dividend. This represents a $2.59 annualized dividend and a dividend yield of 5.2%. The ex-dividend date of this dividend was Wednesday, October 1st. This is an increase from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.43.

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.