Vertrix Wealth Management LLC Buys New Shares in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Vertrix Wealth Management LLC purchased a new stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 249,354 shares of the company’s stock, valued at approximately $12,455,000. Vanguard Short-Term Inflation-Protected Securities ETF accounts for about 4.6% of Vertrix Wealth Management LLC’s investment portfolio, making the stock its 2nd largest position. Vertrix Wealth Management LLC owned approximately 0.07% of Vanguard Short-Term Inflation-Protected Securities ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. NewEdge Advisors LLC lifted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 86.9% in the second quarter. NewEdge Advisors LLC now owns 176,527 shares of the company’s stock valued at $8,874,000 after buying an additional 82,056 shares during the period. The Manufacturers Life Insurance Company grew its position in Vanguard Short-Term Inflation-Protected Securities ETF by 16.3% during the second quarter. The Manufacturers Life Insurance Company now owns 261,182 shares of the company’s stock worth $13,130,000 after buying an additional 36,624 shares in the last quarter. Main Street Financial Solutions LLC increased its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 16.0% during the second quarter. Main Street Financial Solutions LLC now owns 22,056 shares of the company’s stock valued at $1,109,000 after acquiring an additional 3,035 shares during the period. Diversify Advisory Services LLC bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the second quarter valued at about $210,000. Finally, Raymond James Financial Inc. raised 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 valued at $29,465,000 after acquiring an additional 57,079 shares in the last quarter.

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

Shares of VTIP stock opened at $49.52 on Thursday. The stock has a 50 day moving average of $50.29 and a two-hundred day moving average of $49.95. Vanguard Short-Term Inflation-Protected Securities ETF has a 12 month low of $49.35 and a 12 month high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 6th. Investors of record on Wednesday, July 1st will be given a $0.6804 dividend. This represents a $2.72 annualized dividend and a 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 of this dividend is Wednesday, July 1st.

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.