AXS Investments LLC Has $2.41 Million Stake in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

AXS Investments LLC raised its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 53.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 48,191 shares of the company’s stock after purchasing an additional 16,725 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF accounts for about 1.0% of AXS Investments LLC’s investment portfolio, making the stock its 27th biggest position. AXS Investments LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $2,407,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Goodman Financial Corp bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the first quarter valued at about $14,050,000. SteelPeak Wealth LLC lifted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 18.4% in the 1st quarter. SteelPeak Wealth LLC now owns 21,341 shares of the company’s stock worth $1,066,000 after acquiring an additional 3,313 shares during the period. Independent Financial Group LLC bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 1st quarter worth approximately $1,424,000. Wealthfront Advisers LLC grew its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 33.6% during the 1st quarter. Wealthfront Advisers LLC now owns 4,855,031 shares of the company’s stock worth $242,509,000 after purchasing an additional 1,221,608 shares in the last quarter. Finally, D.A. Davidson & CO. increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 14.2% in the 1st quarter. D.A. Davidson & CO. now owns 58,653 shares of the company’s stock valued at $2,930,000 after buying an additional 7,305 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

NASDAQ:VTIP opened at $49.63 on Friday. The company has a 50-day moving average of $50.15 and a 200-day moving average of $49.94. Vanguard Short-Term Inflation-Protected Securities ETF has a 52 week low of $49.35 and a 52 week high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

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

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.