JPMorgan Chase & Co. Has $1.30 Billion Stock Position in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

JPMorgan Chase & Co. lifted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 39.2% in the second quarter, HoldingsChannel reports. The fund owned 25,836,915 shares of the company’s stock after buying an additional 7,272,592 shares during the period. JPMorgan Chase & Co. owned 0.08% of Vanguard Short-Term Inflation-Protected Securities ETF worth $1,298,822,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Kestra Private Wealth Services LLC lifted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 19.0% during the 1st quarter. Kestra Private Wealth Services LLC now owns 9,912 shares of the company’s stock valued at $495,000 after purchasing an additional 1,581 shares during the period. AE Wealth Management LLC grew its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 19.4% during the 1st quarter. AE Wealth Management LLC now owns 11,768 shares of the company’s stock worth $587,000 after buying an additional 1,909 shares during the period. Avantax Advisory Services Inc. raised its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 38.4% during the first quarter. Avantax Advisory Services Inc. now owns 75,229 shares of the company’s stock worth $3,754,000 after buying an additional 20,861 shares during the last quarter. Cetera Investment Advisers lifted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 0.5% in the first quarter. Cetera Investment Advisers now owns 745,643 shares of the company’s stock valued at $37,208,000 after buying an additional 3,694 shares during the period. Finally, Assetmark Inc. lifted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 4.2% in the first quarter. Assetmark Inc. now owns 798,543 shares of the company’s stock valued at $39,847,000 after buying an additional 32,391 shares during the period.

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

VTIP opened at $50.12 on Friday. The company has a fifty day moving average price of $50.22 and a two-hundred day moving average price of $50.17. Vanguard Short-Term Inflation-Protected Securities ETF has a 52 week low of $48.28 and a 52 week 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. Investors of record on Wednesday, October 1st were paid a dividend of $0.6481 per share. This represents a $2.59 dividend on an annualized basis and a dividend yield of 5.2%. 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.

About Vanguard Short-Term Inflation-Protected Securities ETF

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.