Vanguard Short-Term Inflation-Protected Securities ETF $VTIP Stock Purchased by Define Financial LLC

Define Financial LLC boosted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 20.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 774,516 shares of the company’s stock after purchasing an additional 129,841 shares during the period. Vanguard Short-Term Inflation-Protected Securities ETF comprises 15.9% of Define Financial LLC’s portfolio, making the stock its largest holding. Define Financial LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $38,122,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VTIP. Geneos Wealth Management Inc. grew its position in Vanguard Short-Term Inflation-Protected Securities ETF by 62.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 519 shares of the company’s stock worth $26,000 after purchasing an additional 200 shares during the period. Sound Income Strategies LLC raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 64.7% during the 1st quarter. Sound Income Strategies LLC now owns 542 shares of the company’s stock valued at $27,000 after buying an additional 213 shares during the last quarter. NBT Bank N A NY raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 1,057.1% during the 1st quarter. NBT Bank N A NY now owns 567 shares of the company’s stock valued at $28,000 after buying an additional 518 shares during the last quarter. Ascentis Independent Advisors purchased a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the 1st quarter valued at $29,000. Finally, Cornerstone Planning Group LLC lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 881.0% during the 1st quarter. Cornerstone Planning Group LLC now owns 1,187 shares of the company’s stock valued at $60,000 after buying an additional 1,066 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

NASDAQ VTIP opened at $48.46 on Wednesday. Vanguard Short-Term Inflation-Protected Securities ETF has a 1-year low of $48.28 and a 1-year high of $50.48. The business’s fifty day moving average price is $49.38 and its 200-day moving average price is $49.82.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 5th. Investors of record on Thursday, October 1st were given a dividend of $0.9333 per share. This represents a $3.73 dividend on an annualized basis and a yield of 7.7%. This is a boost from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.6804. 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.