Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) Position Raised by Northwest Wealth Management LLC

Northwest Wealth Management LLC boosted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 10.4% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 215,861 shares of the company’s stock after buying an additional 20,346 shares during the period. Vanguard Short-Term Inflation-Protected Securities ETF makes up approximately 2.7% of Northwest Wealth Management LLC’s investment portfolio, making the stock its 8th biggest position. Northwest Wealth Management LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $10,478,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Florin Court Capital LLP grew its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 9.0% during the second quarter. Florin Court Capital LLP now owns 122,300 shares of the company’s stock worth $5,936,000 after purchasing an additional 10,100 shares in the last quarter. Hendershot Investments Inc. increased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 17.2% in the 2nd quarter. Hendershot Investments Inc. now owns 13,099 shares of the company’s stock worth $636,000 after buying an additional 1,923 shares during the last quarter. Magnus Financial Group LLC raised its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1.0% during the 2nd quarter. Magnus Financial Group LLC now owns 144,734 shares of the company’s stock valued at $7,025,000 after buying an additional 1,422 shares in the last quarter. Financial Counselors Inc. raised its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 2.5% during the 2nd quarter. Financial Counselors Inc. now owns 31,767 shares of the company’s stock valued at $1,542,000 after buying an additional 788 shares in the last quarter. Finally, Squire Investment Management Company LLC lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 11.8% during the 2nd quarter. Squire Investment Management Company LLC now owns 51,126 shares of the company’s stock worth $2,482,000 after acquiring an additional 5,396 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

VTIP opened at $48.94 on Friday. The business’s fifty day simple moving average is $48.52 and its 200 day simple moving average is $48.17. Vanguard Short-Term Inflation-Protected Securities ETF has a 52 week low of $46.70 and a 52 week high of $48.99.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st were given a dividend of $0.444 per share. The ex-dividend date was Monday, July 1st. This is a positive change from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.03. This represents a $1.78 annualized dividend and a dividend yield of 3.63%.

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.