Wealthspire Advisors LLC Buys 817,434 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Wealthspire Advisors LLC lifted its stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 13.3% during the second quarter, Holdings Channel reports. The fund owned 6,941,794 shares of the company’s stock after acquiring an additional 817,434 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF accounts for 2.0% of Wealthspire Advisors LLC’s holdings, making the stock its 12th largest position. Wealthspire Advisors LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $348,964,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VTIP. Garrison Bradford & Associates Inc. acquired a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the first quarter valued at approximately $25,000. First Pacific Financial acquired a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the second quarter worth $33,000. TFC Financial Management Inc. bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 2nd quarter worth $34,000. Cullen Frost Bankers Inc. grew its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 77.6% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 783 shares of the company’s stock valued at $39,000 after buying an additional 342 shares during the last quarter. Finally, ORG Partners LLC acquired a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the 2nd quarter valued at $42,000.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Shares of VTIP opened at $50.04 on Tuesday. Vanguard Short-Term Inflation-Protected Securities ETF has a one year low of $48.28 and a one year high of $50.81. The company’s fifty day moving average price is $50.27 and its 200 day moving average price is $50.17.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

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

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.