Strategic Financial Services Inc. Buys 75,130 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Strategic Financial Services Inc. grew its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 5.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,543,640 shares of the company’s stock after buying an additional 75,130 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF comprises 3.4% of Strategic Financial Services Inc.’s holdings, making the stock its 7th biggest position. Strategic Financial Services Inc. owned about 0.40% of Vanguard Short-Term Inflation-Protected Securities ETF worth $77,537,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in VTIP. Ancora Advisors LLC acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the third quarter worth approximately $25,000. Geneos Wealth Management Inc. increased its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 62.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 519 shares of the company’s stock valued at $26,000 after purchasing an additional 200 shares during the period. Sound Income Strategies LLC raised its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 64.7% in the 1st quarter. Sound Income Strategies LLC now owns 542 shares of the company’s stock worth $27,000 after buying an additional 213 shares in the last quarter. NBT Bank N A NY raised its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1,057.1% in the 1st quarter. NBT Bank N A NY now owns 567 shares of the company’s stock worth $28,000 after buying an additional 518 shares in the last quarter. Finally, Ascentis Independent Advisors acquired a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the first quarter valued at $29,000.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of VTIP stock opened at $49.73 on Monday. The stock has a 50-day simple moving average of $49.69 and a 200 day simple moving average of $49.97. 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.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

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

About Vanguard Short-Term Inflation-Protected Securities ETF

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.