Vanguard Short-Term Inflation-Protected Securities ETF $VTIP Shares Acquired by Verus Financial Partners Inc.

Verus Financial Partners Inc. increased its stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 5.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 303,180 shares of the company’s stock after acquiring an additional 16,348 shares during the period. Vanguard Short-Term Inflation-Protected Securities ETF comprises 1.3% of Verus Financial Partners Inc.’s investment portfolio, making the stock its 14th biggest position. Verus Financial Partners Inc.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $14,923,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Allied Investment Advisors LLC lifted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 37,724.1% during the 3rd quarter. Allied Investment Advisors LLC now owns 1,633,246 shares of the company’s stock worth $80,388,000 after buying an additional 1,628,928 shares in the last quarter. Empowered Funds LLC acquired a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 1st quarter valued at $67,290,000. Wealthfront Advisers LLC increased its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 33.6% in the 1st quarter. Wealthfront Advisers LLC now owns 4,855,031 shares of the company’s stock valued at $242,509,000 after buying an additional 1,221,608 shares during the period. Trust Co. of Vermont acquired a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 2nd quarter valued at $45,229,000. Finally, The Manufacturers Life Insurance Company increased its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 193.1% in the 1st quarter. The Manufacturers Life Insurance Company now owns 856,145 shares of the company’s stock valued at $42,764,000 after buying an additional 564,036 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

VTIP stock opened at $48.99 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a twelve month low of $48.28 and a twelve month high of $50.48. The business has a fifty day moving average of $49.13 and a 200-day moving average of $49.73.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, October 5th. Investors of record on Thursday, October 1st were issued a $0.9333 dividend. This is a positive change from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.6804. This represents a $3.73 annualized dividend and a yield of 7.6%. The ex-dividend date was Thursday, October 1st.

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.