Breakwater Capital Group Purchases 15,673 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Breakwater Capital Group raised its position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 12.3% in the 2nd quarter, HoldingsChannel reports. The fund owned 143,329 shares of the company’s stock after purchasing an additional 15,673 shares during the period. Vanguard Short-Term Inflation-Protected Securities ETF makes up about 0.9% of Breakwater Capital Group’s investment portfolio, making the stock its 23rd biggest holding. Breakwater Capital Group’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $7,199,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Colorado Capital Management Inc. grew its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1.7% during the 2nd quarter. Colorado Capital Management Inc. now owns 218,240 shares of the company’s stock worth $10,962,000 after purchasing an additional 3,567 shares in the last quarter. Chesley Taft & Associates LLC raised its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 12.4% in the second quarter. Chesley Taft & Associates LLC now owns 79,619 shares of the company’s stock valued at $3,999,000 after purchasing an additional 8,800 shares in the last quarter. First Heartland Consultants Inc. raised its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 29.0% in the second quarter. First Heartland Consultants Inc. now owns 21,643 shares of the company’s stock valued at $1,087,000 after purchasing an additional 4,870 shares in the last quarter. Kwmg LLC bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the second quarter worth $259,000. Finally, Factor Wealth Management LTD lifted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 7.4% in the second quarter. Factor Wealth Management LTD now owns 205,131 shares of the company’s stock worth $10,304,000 after purchasing an additional 14,093 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of Vanguard Short-Term Inflation-Protected Securities ETF stock opened at $49.67 on Friday. The company’s fifty day moving average price is $49.91 and its two-hundred day moving average price is $49.96. 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 firm also recently announced a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.6804 per share. 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. This represents a $2.72 annualized dividend and a dividend yield of 5.5%.

Vanguard Short-Term Inflation-Protected Securities ETF Company 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.