TFC Financial Management Inc. Invests $34,000 in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

TFC Financial Management Inc. bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 671 shares of the company’s stock, valued at approximately $34,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. LPL Financial LLC increased its position in Vanguard Short-Term Inflation-Protected Securities ETF by 789.9% during the 1st quarter. LPL Financial LLC now owns 14,856,970 shares of the company’s stock valued at $741,363,000 after buying an additional 13,187,463 shares in the last quarter. Valmark Advisers Inc. increased its position in Vanguard Short-Term Inflation-Protected Securities ETF by 2.3% during the 2nd quarter. Valmark Advisers Inc. now owns 6,137,765 shares of the company’s stock valued at $308,545,000 after buying an additional 137,896 shares in the last quarter. Wealthspire Advisors LLC increased its position in Vanguard Short-Term Inflation-Protected Securities ETF by 122.7% during the 1st quarter. Wealthspire Advisors LLC now owns 6,124,360 shares of the company’s stock valued at $305,606,000 after buying an additional 3,374,033 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in Vanguard Short-Term Inflation-Protected Securities ETF by 5.3% during the 2nd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 4,084,092 shares of the company’s stock valued at $205,307,000 after buying an additional 206,352 shares in the last quarter. Finally, Focus Partners Advisor Solutions LLC increased its position in Vanguard Short-Term Inflation-Protected Securities ETF by 19.8% during the 1st quarter. Focus Partners Advisor Solutions LLC now owns 3,207,195 shares of the company’s stock valued at $160,039,000 after buying an additional 531,122 shares in the last quarter.

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

VTIP stock opened at $50.17 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a twelve month low of $48.28 and a twelve month high of $50.81. The business has a 50 day moving average of $50.44 and a 200 day moving average of $50.13.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were given a dividend of $0.6481 per share. This is a boost from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.43. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a $2.59 dividend on an annualized basis and a yield of 5.2%.

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.