Valmark Advisers Inc. Purchases 357,681 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Valmark Advisers Inc. increased its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 5.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,073,953 shares of the company’s stock after purchasing an additional 357,681 shares during the period. Vanguard Short-Term Inflation-Protected Securities ETF makes up approximately 4.2% of Valmark Advisers Inc.’s portfolio, making the stock its 5th largest position. Valmark Advisers Inc.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $353,344,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in VTIP. Carnegie Investment Counsel lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1.5% in the 1st quarter. Carnegie Investment Counsel now owns 294,968 shares of the company’s stock valued at $14,734,000 after buying an additional 4,292 shares during the period. Midwest Trust Co boosted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 2.5% in the first quarter. Midwest Trust Co now owns 23,348 shares of the company’s stock valued at $1,166,000 after buying an additional 573 shares in the last quarter. Fifth Third Bancorp grew its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 452.9% during the first quarter. Fifth Third Bancorp now owns 34,660 shares of the company’s stock worth $1,731,000 after acquiring an additional 28,391 shares during the period. Simplicity Wealth LLC grew its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 24.4% during the first quarter. Simplicity Wealth LLC now owns 9,581 shares of the company’s stock worth $479,000 after acquiring an additional 1,879 shares during the period. Finally, Torren Management LLC raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 146.2% in the first quarter. Torren Management LLC now owns 2,324 shares of the company’s stock worth $116,000 after acquiring an additional 1,380 shares in the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Vanguard Short-Term Inflation-Protected Securities ETF stock traded down $0.02 during midday trading on Friday, reaching $49.64. The company’s stock had a trading volume of 4,346,320 shares, compared to its average volume of 2,662,471. Vanguard Short-Term Inflation-Protected Securities ETF has a fifty-two week low of $49.35 and a fifty-two week high of $50.81. The stock’s 50 day simple moving average is $50.20 and its 200 day simple moving average is $49.94.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.6804 per share. This is a boost from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $2.72 dividend on an annualized basis and a dividend yield of 5.5%.

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.