Financial Life Advisors Purchases 7,193 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Financial Life Advisors grew its position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 15.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 53,949 shares of the company’s stock after purchasing an additional 7,193 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF makes up approximately 0.9% of Financial Life Advisors’ portfolio, making the stock its 23rd largest holding. Financial Life Advisors’ holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $2,712,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of VTIP. Garrison Bradford & Associates Inc. bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the first quarter valued at approximately $25,000. Wayfinding Financial LLC bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the first quarter worth $26,000. Hager Investment Management Services LLC bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the first quarter worth $27,000. First Pacific Financial bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the second quarter worth $33,000. Finally, Rossby Financial LCC bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the first quarter worth $36,000.

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

Shares of VTIP stock opened at $50.04 on Wednesday. Vanguard Short-Term Inflation-Protected Securities ETF has a 1 year low of $48.28 and a 1 year high of $50.81. The firm’s fifty day simple moving average is $50.45 and its 200 day simple moving average is $50.11.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The business 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 dividend on an annualized basis and a yield of 5.2%. This is an increase from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.43. The ex-dividend date of this dividend 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.