Cornerstone Financial Group LLC NE Buys Shares of 4,926 Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Cornerstone Financial Group LLC NE purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 4,926 shares of the company’s stock, valued at approximately $239,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Van Strum & Towne Inc. boosted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 345,664.2% in the fourth quarter. Van Strum & Towne Inc. now owns 922,917,195 shares of the company’s stock worth $44,687,651,000 after acquiring an additional 922,650,274 shares in the last quarter. Wealthfront Advisers LLC boosted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 4,381.7% in the 4th quarter. Wealthfront Advisers LLC now owns 22,737,700 shares of the company’s stock worth $1,100,959,000 after purchasing an additional 22,230,349 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 2,586.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 19,285,524 shares of the company’s stock valued at $950,969,000 after purchasing an additional 18,567,654 shares in the last quarter. Essential Planning LLC. raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 6,374.1% in the fourth quarter. Essential Planning LLC. now owns 6,826,984 shares of the company’s stock worth $333,576,000 after buying an additional 6,721,533 shares during the last quarter. Finally, Wealthspire Advisors LLC lifted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 36.7% during the fourth quarter. Wealthspire Advisors LLC now owns 2,750,327 shares of the company’s stock worth $133,171,000 after buying an additional 737,805 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Shares of VTIP stock opened at $50.02 on Wednesday. The business has a fifty day moving average of $49.72 and a 200 day moving average of $49.13. Vanguard Short-Term Inflation-Protected Securities ETF has a 1 year low of $47.98 and a 1 year high of $50.29.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were issued a $0.0978 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $0.39 annualized dividend and a yield of 0.78%.

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.