OLD National Bancorp IN Buys New Stake in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

OLD National Bancorp IN bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) in the 2nd quarter, Holdings Channel reports. The institutional investor bought 5,500 shares of the company’s stock, valued at approximately $276,000.

Several other institutional investors also recently bought and sold shares of VTIP. Garrison Bradford & Associates Inc. purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the first quarter valued at $25,000. Wayfinding Financial LLC purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the first quarter valued at $26,000. Hager Investment Management Services LLC purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the first quarter valued at $27,000. First Pacific Financial purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the second quarter valued at $33,000. Finally, Rossby Financial LCC purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the first quarter valued at $36,000.

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

VTIP opened at $50.04 on Wednesday. The company has a fifty day moving average of $50.45 and a 200 day moving average of $50.11. Vanguard Short-Term Inflation-Protected Securities ETF has a fifty-two week low of $48.28 and a fifty-two week high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

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

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.