Flagstar Advisors Inc. Buys 331 Shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Flagstar Advisors Inc. raised its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 2.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,817 shares of the company’s stock after buying an additional 331 shares during the period. Flagstar Advisors Inc.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $590,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of VTIP. Lowe Wealth Advisors LLC raised its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 67.8% during the first quarter. Lowe Wealth Advisors LLC now owns 619 shares of the company’s stock valued at $31,000 after buying an additional 250 shares in the last quarter. 10Elms LLP bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter worth about $39,000. VSM Wealth Advisory LLC bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter worth about $47,000. Rialto Wealth Management LLC bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter worth about $58,000. Finally, Murphy & Mullick Capital Management Corp bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter worth about $67,000.

Vanguard Short-Term Inflation-Protected Securities ETF Trading Up 0.1%

Vanguard Short-Term Inflation-Protected Securities ETF stock opened at $50.02 on Monday. The business’s 50-day simple moving average is $49.88 and its 200-day simple moving average is $49.28. Vanguard Short-Term Inflation-Protected Securities ETF has a 52 week low of $48.04 and a 52 week high of $50.29.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were paid a $0.0978 dividend. The ex-dividend date was Tuesday, April 1st. This represents a $0.39 dividend on an annualized basis and a dividend 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.