Oak Harvest Investment Services Boosts Stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Oak Harvest Investment Services lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 32.2% in the third quarter, HoldingsChannel.com reports. The firm owned 15,981 shares of the company’s stock after acquiring an additional 3,897 shares during the quarter. Oak Harvest Investment Services’ holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $788,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. ORG Partners LLC purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the second quarter worth about $27,000. Blair William & Co. IL increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 4.5% in the 1st quarter. Blair William & Co. IL now owns 14,547 shares of the company’s stock valued at $697,000 after purchasing an additional 622 shares during the last quarter. Dravo Bay LLC boosted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 13.4% during the second quarter. Dravo Bay LLC now owns 62,103 shares of the company’s stock worth $3,014,000 after buying an additional 7,336 shares during the period. Fortune Financial Advisors LLC boosted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 8.4% during the 2nd quarter. Fortune Financial Advisors LLC now owns 41,129 shares of the company’s stock valued at $1,996,000 after acquiring an additional 3,192 shares during the period. Finally, Comerica Bank grew its position in Vanguard Short-Term Inflation-Protected Securities ETF by 12.0% in the 1st quarter. Comerica Bank now owns 64,240 shares of the company’s stock valued at $3,076,000 after acquiring an additional 6,907 shares in the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of VTIP opened at $48.78 on Thursday. The company’s 50-day simple moving average is $48.98 and its 200-day simple moving average is $48.51. Vanguard Short-Term Inflation-Protected Securities ETF has a 1 year low of $47.10 and a 1 year high of $49.41.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were issued a dividend of $0.308 per share. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.23 dividend on an annualized basis and a yield of 2.53%.

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.