Fortis Capital Advisors LLC Buys 523 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Fortis Capital Advisors LLC lifted its stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 10.0% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,727 shares of the company’s stock after acquiring an additional 523 shares during the quarter. Fortis Capital Advisors LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $288,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. BIP Wealth LLC grew its position in Vanguard Short-Term Inflation-Protected Securities ETF by 1.5% during the first quarter. BIP Wealth LLC now owns 13,755 shares of the company’s stock valued at $686,000 after buying an additional 201 shares during the period. Denali Advisors LLC grew its position in Vanguard Short-Term Inflation-Protected Securities ETF by 2.3% during the first quarter. Denali Advisors LLC now owns 9,751 shares of the company’s stock valued at $487,000 after buying an additional 220 shares during the period. Chicago Partners Investment Group LLC grew its position in Vanguard Short-Term Inflation-Protected Securities ETF by 0.4% during the first quarter. Chicago Partners Investment Group LLC now owns 59,368 shares of the company’s stock valued at $2,971,000 after buying an additional 234 shares during the period. Silver Oak Advisory Group Inc. grew its position in Vanguard Short-Term Inflation-Protected Securities ETF by 0.6% during the first quarter. Silver Oak Advisory Group Inc. now owns 42,203 shares of the company’s stock valued at $2,105,000 after buying an additional 241 shares during the period. Finally, Bragg Financial Advisors Inc grew its position in Vanguard Short-Term Inflation-Protected Securities ETF by 5.1% during the first quarter. Bragg Financial Advisors Inc now owns 5,015 shares of the company’s stock valued at $250,000 after buying an additional 242 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Shares of NASDAQ VTIP opened at $49.99 on Friday. The firm has a 50 day moving average of $50.46 and a 200 day moving average of $50.10. Vanguard Short-Term Inflation-Protected Securities ETF has a 12-month low of $48.28 and a 12-month high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were given a dividend of $0.6481 per share. This represents a $2.59 annualized dividend and a yield of 5.2%. This is a positive change from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.43. The ex-dividend date was Wednesday, October 1st.

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.