Kaufman Rossin Wealth LLC Increases Position in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Kaufman Rossin Wealth LLC increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 40.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,174 shares of the company’s stock after acquiring an additional 11,289 shares during the period. Vanguard Short-Term Inflation-Protected Securities ETF comprises approximately 1.1% of Kaufman Rossin Wealth LLC’s portfolio, making the stock its 16th biggest holding. Kaufman Rossin Wealth LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $1,957,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. NewEdge Advisors LLC grew its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 86.9% in the 2nd quarter. NewEdge Advisors LLC now owns 176,527 shares of the company’s stock valued at $8,874,000 after purchasing an additional 82,056 shares during the period. The Manufacturers Life Insurance Company raised its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 16.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 261,182 shares of the company’s stock worth $13,130,000 after purchasing an additional 36,624 shares during the period. Main Street Financial Solutions LLC boosted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 16.0% in the 2nd quarter. Main Street Financial Solutions LLC now owns 22,056 shares of the company’s stock worth $1,109,000 after buying an additional 3,035 shares during the last quarter. Diversify Advisory Services LLC purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 2nd quarter worth about $210,000. Finally, Raymond James Financial Inc. grew its position in Vanguard Short-Term Inflation-Protected Securities ETF by 10.8% during the second quarter. Raymond James Financial Inc. now owns 586,133 shares of the company’s stock valued at $29,465,000 after buying an additional 57,079 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

VTIP opened at $50.10 on Tuesday. Vanguard Short-Term Inflation-Protected Securities ETF has a fifty-two week low of $49.35 and a fifty-two week high of $50.81. The firm has a 50-day moving average of $50.30 and a 200 day moving average of $49.95.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were paid a $0.0227 dividend. This represents a $0.09 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date was Wednesday, April 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.