Accurate Wealth Management LLC Invests $273,000 in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Accurate Wealth Management LLC bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 5,508 shares of the company’s stock, valued at approximately $273,000.

A number of other institutional investors have also modified their holdings of the stock. Lowe Wealth Advisors LLC increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 67.8% during the first quarter. Lowe Wealth Advisors LLC now owns 619 shares of the company’s stock valued at $31,000 after buying an additional 250 shares during the period. 10Elms LLP purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the fourth quarter valued at approximately $39,000. VSM Wealth Advisory LLC purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the fourth quarter valued at approximately $47,000. Rialto Wealth Management LLC purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the fourth quarter valued at approximately $58,000. Finally, Murphy & Mullick Capital Management Corp purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the fourth quarter valued at approximately $67,000.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of VTIP stock opened at $49.89 on Thursday. The company’s 50 day moving average is $49.89 and its 200 day moving average is $49.33. Vanguard Short-Term Inflation-Protected Securities ETF has a 52-week low of $48.04 and a 52-week high of $50.29.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were issued a dividend of $0.0978 per share. This represents a $0.39 annualized dividend and a 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.