Raymond James Financial Inc. Invests $25.28 Million in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Raymond James Financial Inc. purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 522,109 shares of the company’s stock, valued at approximately $25,281,000.

A number of other large investors also recently bought and sold shares of the business. Van Strum & Towne Inc. increased its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 345,664.2% during the fourth quarter. Van Strum & Towne Inc. now owns 922,917,195 shares of the company’s stock valued at $44,687,651,000 after purchasing an additional 922,650,274 shares in the last quarter. Wealthfront Advisers LLC increased its position in Vanguard Short-Term Inflation-Protected Securities ETF by 4,381.7% during the 4th quarter. Wealthfront Advisers LLC now owns 22,737,700 shares of the company’s stock valued at $1,100,959,000 after buying an additional 22,230,349 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 2,586.5% during the third quarter. JPMorgan Chase & Co. now owns 19,285,524 shares of the company’s stock valued at $950,969,000 after buying an additional 18,567,654 shares during the last quarter. Essential Planning LLC. boosted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 6,374.1% in the fourth quarter. Essential Planning LLC. now owns 6,826,984 shares of the company’s stock worth $333,576,000 after acquiring an additional 6,721,533 shares in the last quarter. Finally, Wealthspire Advisors LLC grew its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 36.7% in the fourth quarter. Wealthspire Advisors LLC now owns 2,750,327 shares of the company’s stock worth $133,171,000 after acquiring an additional 737,805 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Trading Up 0.3 %

Shares of Vanguard Short-Term Inflation-Protected Securities ETF stock opened at $49.86 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a 1 year low of $47.76 and a 1 year high of $50.14. The firm’s 50-day moving average is $49.51 and its 200 day moving average is $49.04.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were issued a dividend of $0.0978 per share. This represents a $0.39 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date was Tuesday, April 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.