40,355 Shares in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP Bought by Modern Wealth Management LLC

Modern Wealth Management LLC purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) in the first quarter, HoldingsChannel reports. The institutional investor purchased 40,355 shares of the company’s stock, valued at approximately $2,013,000.

Other large investors have also recently added to or reduced their stakes in the company. Ancora Advisors LLC purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the third quarter valued at about $25,000. Geneos Wealth Management Inc. boosted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 62.7% in the first quarter. Geneos Wealth Management Inc. now owns 519 shares of the company’s stock worth $26,000 after buying an additional 200 shares during the period. Sound Income Strategies LLC boosted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 64.7% in the first quarter. Sound Income Strategies LLC now owns 542 shares of the company’s stock worth $27,000 after buying an additional 213 shares during the period. NBT Bank N A NY grew its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1,057.1% in the first 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 in the last quarter. Finally, Ascentis Independent Advisors acquired a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the first quarter valued at about $29,000.

Vanguard Short-Term Inflation-Protected Securities ETF Trading Up 0.0%

Shares of NASDAQ:VTIP opened at $49.59 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a one year low of $49.35 and a one year high of $50.81. The business’s 50-day simple moving average is $50.05 and its 200 day simple moving average is $49.95.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

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

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.