Mirae Asset Global Investments Co. Ltd. Purchases 132,235 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Mirae Asset Global Investments Co. Ltd. acquired a new position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 132,235 shares of the company’s stock, valued at approximately $6,509,000.

Other institutional investors have also modified their holdings of the company. Valmark Advisers Inc. boosted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 5.3% during the first quarter. Valmark Advisers Inc. now owns 7,073,953 shares of the company’s stock valued at $353,344,000 after buying an additional 357,681 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 5.1% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 4,890,809 shares of the company’s stock worth $244,296,000 after acquiring an additional 237,357 shares in the last quarter. Wealthfront Advisers LLC raised its position in 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 acquiring an additional 1,221,608 shares in the last quarter. Envestnet Asset Management Inc. raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 0.5% in the second quarter. Envestnet Asset Management Inc. now owns 4,345,770 shares of the company’s stock worth $218,279,000 after acquiring an additional 20,953 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 2.7% in the 1st quarter. Bank of America Corp DE now owns 3,797,614 shares of the company’s stock valued at $189,691,000 after acquiring an additional 100,783 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of NASDAQ VTIP opened at $48.78 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a twelve month low of $48.28 and a twelve month high of $50.48. The firm has a 50-day moving average of $49.05 and a two-hundred day moving average of $49.72.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, October 5th. Investors of record on Thursday, October 1st were issued a dividend of $0.9333 per share. The ex-dividend date was Thursday, October 1st. This is a positive change from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.6804. This represents a $3.73 dividend on an annualized basis 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.