Vanguard Short-Term Inflation-Protected Securities ETF $VTIP Holdings Raised by Sovereign Financial Group Inc.

Sovereign Financial Group Inc. grew its position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 2.7% in the second quarter, Holdings Channel.com reports. The fund owned 165,465 shares of the company’s stock after buying an additional 4,343 shares during the period. Vanguard Short-Term Inflation-Protected Securities ETF makes up approximately 1.7% of Sovereign Financial Group Inc.’s investment portfolio, making the stock its 12th largest position. Sovereign Financial Group Inc.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $8,318,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in VTIP. LPL Financial LLC increased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 789.9% in the 1st quarter. LPL Financial LLC now owns 14,856,970 shares of the company’s stock valued at $741,363,000 after acquiring an additional 13,187,463 shares during the last quarter. Wealthspire Advisors LLC increased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 122.7% in the 1st quarter. Wealthspire Advisors LLC now owns 6,124,360 shares of the company’s stock valued at $305,606,000 after acquiring an additional 3,374,033 shares during the last quarter. HighTower Advisors LLC increased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 44.7% in the 1st quarter. HighTower Advisors LLC now owns 2,394,624 shares of the company’s stock valued at $119,492,000 after acquiring an additional 739,599 shares during the last quarter. Garde Capital Inc. bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 1st quarter valued at approximately $31,675,000. Finally, Empowered Funds LLC bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 1st quarter valued at approximately $31,322,000.

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

Shares of NASDAQ VTIP opened at $50.09 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 simple moving average of $50.45 and a 200-day simple moving average of $50.12.

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 yield of 5.2%. The ex-dividend date was Wednesday, October 1st. 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 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.