Kondo Wealth Advisors Inc. Has $9.08 Million Position in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Kondo Wealth Advisors Inc. grew its holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 4.9% in the 2nd quarter, HoldingsChannel reports. The firm owned 182,270 shares of the company’s stock after buying an additional 8,442 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF comprises approximately 4.0% of Kondo Wealth Advisors Inc.’s holdings, making the stock its 8th largest holding. Kondo Wealth Advisors Inc.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $9,080,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Park Avenue Securities LLC purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 2nd quarter worth approximately $2,008,000. Bank of New York Mellon Corp grew its position in Vanguard Short-Term Inflation-Protected Securities ETF by 118.3% during the 1st quarter. Bank of New York Mellon Corp now owns 972,552 shares of the company’s stock worth $48,530,000 after purchasing an additional 527,119 shares during the last quarter. Sowell Financial Services LLC purchased a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the 1st quarter worth approximately $324,000. Golden State Wealth Management LLC grew its position in Vanguard Short-Term Inflation-Protected Securities ETF by 220.4% during the 1st 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. Finally, Accredited Wealth Management LLC lifted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 2.7% during the 1st quarter. Accredited Wealth Management LLC now owns 9,364 shares of the company’s stock valued at $467,000 after acquiring an additional 250 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Shares of NASDAQ VTIP opened at $50.13 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a 12 month low of $48.28 and a 12 month high of $50.81. The company has a 50 day simple moving average of $50.44 and a two-hundred day simple moving average of $50.13.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were paid a $0.6481 dividend. The ex-dividend date was Wednesday, October 1st. This represents a $2.59 annualized dividend and a dividend yield of 5.2%. 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 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.