Root Financial Partners LLC Boosts Stake in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Root Financial Partners LLC lifted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 119.8% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,440 shares of the company’s stock after buying an additional 11,142 shares during the period. Root Financial Partners LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $1,021,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Wealthfront Advisers LLC grew its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 396.0% during the 4th quarter. Wealthfront Advisers LLC now owns 3,633,423 shares of the company’s stock valued at $179,709,000 after acquiring an additional 2,900,809 shares during the period. Cambridge Associates LLC MA ADV raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 39.4% in the 4th quarter. Cambridge Associates LLC MA ADV now owns 6,908,129 shares of the company’s stock worth $341,676,000 after purchasing an additional 1,950,826 shares during the period. Goldman Sachs Group Inc. lifted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 22.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 10,366,837 shares of the company’s stock valued at $512,744,000 after purchasing an additional 1,877,940 shares during the last quarter. Russell Investments Group Ltd. purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter valued at approximately $73,135,000. Finally, JPMorgan Chase & Co. grew its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 5.0% during the fourth quarter. JPMorgan Chase & Co. now owns 30,130,365 shares of the company’s stock valued at $1,490,248,000 after purchasing an additional 1,435,208 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Trading Down 1.4%

VTIP stock opened at $49.52 on Thursday. The stock has a fifty day moving average of $50.29 and a 200-day moving average of $49.95. Vanguard Short-Term Inflation-Protected Securities ETF has a fifty-two week low of $49.35 and a fifty-two week high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st will be given a dividend of $0.6804 per share. This is a boost from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.02. This represents a $2.72 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date is Wednesday, July 1st.

Vanguard Short-Term Inflation-Protected Securities ETF 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.