Vanguard Short-Term Inflation-Protected Securities ETF $VTIP Shares Bought by Keebeck Wealth Management

Keebeck Wealth Management boosted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 118.0% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 27,672 shares of the company’s stock after acquiring an additional 14,980 shares during the quarter. Keebeck Wealth Management’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $1,382,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 5.0% in the fourth quarter. JPMorgan Chase & Co. now owns 30,130,365 shares of the company’s stock valued at $1,490,248,000 after purchasing an additional 1,435,208 shares during the period. LPL Financial LLC lifted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 6.0% during the fourth quarter. LPL Financial LLC now owns 18,490,336 shares of the company’s stock worth $914,532,000 after purchasing an additional 1,039,578 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 22.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 10,366,837 shares of the company’s stock worth $512,744,000 after buying an additional 1,877,940 shares during the period. Valmark Advisers Inc. boosted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 5.3% during the first quarter. Valmark Advisers Inc. now owns 7,073,953 shares of the company’s stock worth $353,344,000 after buying an additional 357,681 shares during the period. Finally, Cambridge Associates LLC MA ADV grew its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 39.4% in the fourth quarter. Cambridge Associates LLC MA ADV now owns 6,908,129 shares of the company’s stock valued at $341,676,000 after buying an additional 1,950,826 shares in the last quarter.

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

Shares of NASDAQ VTIP opened at $49.57 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a twelve month low of $49.35 and a twelve month high of $50.81. The stock has a fifty day simple moving average of $50.07 and a 200-day simple moving average of $49.95.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

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

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.