SB Capital Management Inc Invests $12 Million in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

SB Capital Management Inc acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 242,590 shares of the company’s stock, valued at approximately $11,999,000. Vanguard Short-Term Inflation-Protected Securities ETF makes up approximately 4.4% of SB Capital Management Inc’s investment portfolio, making the stock its 4th largest holding.

Other institutional investors have also modified their holdings of the company. Klingman & Associates LLC increased its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 17.3% in the fourth quarter. Klingman & Associates LLC now owns 2,087,310 shares of the company’s stock worth $103,238,000 after acquiring an additional 307,650 shares in the last quarter. BOK Financial Private Wealth Inc. increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 7.5% in the 4th quarter. BOK Financial Private Wealth Inc. now owns 1,573,390 shares of the company’s stock valued at $77,820,000 after purchasing an additional 109,570 shares in the last quarter. Financial Consulate Inc. increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 13.1% in the 4th quarter. Financial Consulate Inc. now owns 557,604 shares of the company’s stock valued at $27,579,000 after purchasing an additional 64,482 shares in the last quarter. Focus Partners Wealth raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 10.9% in the third quarter. Focus Partners Wealth now owns 3,584,886 shares of the company’s stock valued at $181,742,000 after purchasing an additional 351,336 shares during the period. Finally, Financial Plan Inc. acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the fourth quarter worth about $29,299,000.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Up 0.2%

Shares of NASDAQ VTIP opened at $50.19 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a 1-year low of $49.35 and a 1-year high of $50.81. The business has a 50-day moving average of $50.29 and a 200-day moving average of $49.95.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were issued 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.

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.