Vanguard Short-Term Inflation-Protected Securities ETF $VTIP Shares Bought by Financial Plan Inc.

Financial Plan Inc. grew its holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 14.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 680,491 shares of the company’s stock after acquiring an additional 88,107 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF accounts for 3.6% of Financial Plan Inc.’s portfolio, making the stock its 9th largest holding. Financial Plan Inc.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $33,991,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of VTIP. Meridian Wealth Management LLC raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 1.4% during the 4th quarter. Meridian Wealth Management LLC now owns 15,640 shares of the company’s stock valued at $774,000 after purchasing an additional 212 shares during the last quarter. Sound Income Strategies LLC grew its position in Vanguard Short-Term Inflation-Protected Securities ETF by 64.7% in the 1st quarter. Sound Income Strategies LLC now owns 542 shares of the company’s stock worth $27,000 after purchasing an additional 213 shares during the last quarter. eCIO Inc. increased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 4.4% during the 4th quarter. eCIO Inc. now owns 5,123 shares of the company’s stock worth $253,000 after purchasing an additional 218 shares during the period. WMG Financial Advisors LLC increased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 4.6% during the 4th quarter. WMG Financial Advisors LLC now owns 5,045 shares of the company’s stock worth $250,000 after purchasing an additional 223 shares during the period. Finally, Pine Harbor Wealth Management LLC increased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 4.4% during the 4th quarter. Pine Harbor Wealth Management LLC now owns 5,271 shares of the company’s stock worth $261,000 after purchasing an additional 224 shares during the period.

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

Shares of VTIP opened at $49.58 on Friday. The company has a 50-day simple moving average of $50.28 and a 200-day simple moving average of $49.94. Vanguard Short-Term Inflation-Protected Securities ETF has a 52 week low of $49.35 and a 52 week high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st will be issued a $0.6804 dividend. This is a positive change from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $2.72 annualized dividend and a yield of 5.5%.

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.