224,564 Shares in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP Purchased by Drum Hill Capital LLC

Drum Hill Capital LLC purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) in the third quarter, Holdings Channel reports. The fund purchased 224,564 shares of the company’s stock, valued at approximately $11,053,000. Vanguard Short-Term Inflation-Protected Securities ETF accounts for approximately 7.1% of Drum Hill Capital LLC’s portfolio, making the stock its 3rd biggest position.

Several other institutional investors have also made changes to their positions in VTIP. Allied Investment Advisors LLC raised its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 37,724.1% in the third quarter. Allied Investment Advisors LLC now owns 1,633,246 shares of the company’s stock valued at $80,388,000 after purchasing an additional 1,628,928 shares during the period. Empowered Funds LLC acquired a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the first quarter worth $67,290,000. Wealthfront Advisers LLC lifted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 33.6% in the first quarter. Wealthfront Advisers LLC now owns 4,855,031 shares of the company’s stock worth $242,509,000 after buying an additional 1,221,608 shares during the last quarter. Trust Co. of Vermont bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 2nd quarter worth $45,229,000. Finally, Corient Private Wealth LLC boosted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 986.9% during the 4th quarter. Corient Private Wealth LLC now owns 669,149 shares of the company’s stock worth $33,096,000 after buying an additional 607,586 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Down 0.1%

NASDAQ VTIP opened at $48.64 on Tuesday. Vanguard Short-Term Inflation-Protected Securities ETF has a 1 year low of $48.28 and a 1 year high of $50.48. The company has a fifty day simple moving average of $49.29 and a 200 day simple moving average of $49.79.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, October 5th. Investors of record on Thursday, October 1st were issued a $0.9333 dividend. This is a boost from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.6804. The ex-dividend date was Thursday, October 1st. This represents a $3.73 annualized dividend and a yield of 7.7%.

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.