First Horizon Advisors Inc. Grows Stock Position in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

First Horizon Advisors Inc. boosted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 59.5% during the second quarter, HoldingsChannel reports. The fund owned 14,433 shares of the company’s stock after buying an additional 5,384 shares during the period. First Horizon Advisors Inc.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $726,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Garrison Bradford & Associates Inc. purchased a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the first quarter valued at $25,000. Hager Investment Management Services LLC purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 1st quarter worth $27,000. First Pacific Financial purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 2nd quarter worth $33,000. TFC Financial Management Inc. acquired a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 2nd quarter worth about $34,000. Finally, Cullen Frost Bankers Inc. raised its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 77.6% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 783 shares of the company’s stock valued at $39,000 after buying an additional 342 shares during the period.

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

NASDAQ VTIP opened at $50.03 on Friday. The firm’s 50-day moving average is $50.36 and its two-hundred day moving average is $50.16. Vanguard Short-Term Inflation-Protected Securities ETF has a 12 month low of $48.28 and a 12 month high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

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

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.