Gateway Wealth Partners LLC Buys 22,514 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Gateway Wealth Partners LLC increased its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 221.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,684 shares of the company’s stock after purchasing an additional 22,514 shares during the quarter. Gateway Wealth Partners LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $1,633,000 at the end of the most recent reporting period.

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

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

Shares of VTIP opened at $49.57 on Wednesday. Vanguard Short-Term Inflation-Protected Securities ETF has a 12-month low of $49.35 and a 12-month high of $50.81. The business has a 50-day simple moving average of $50.02 and a two-hundred day simple moving average of $49.95.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.6804 per share. This represents a $2.72 annualized dividend and a dividend yield of 5.5%. This is an increase from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.02. The ex-dividend date was Wednesday, July 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.