Spire Wealth Management Acquires 6,609 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Spire Wealth Management increased its stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 7.1% during the 2nd quarter, HoldingsChannel reports. The firm owned 99,886 shares of the company’s stock after buying an additional 6,609 shares during the period. Spire Wealth Management’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $5,021,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. LPL Financial LLC raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 789.9% in the first quarter. LPL Financial LLC now owns 14,856,970 shares of the company’s stock worth $741,363,000 after acquiring an additional 13,187,463 shares during the period. Wealthspire Advisors LLC lifted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 122.7% in the 1st quarter. Wealthspire Advisors LLC now owns 6,124,360 shares of the company’s stock worth $305,606,000 after purchasing an additional 3,374,033 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 79.3% during the second quarter. Envestnet Asset Management Inc. now owns 4,082,483 shares of the company’s stock worth $205,226,000 after acquiring an additional 1,805,350 shares during the last quarter. HighTower Advisors LLC grew its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 44.7% during the first quarter. HighTower Advisors LLC now owns 2,394,624 shares of the company’s stock valued at $119,492,000 after purchasing an additional 739,599 shares in the last quarter. Finally, Empowered Funds LLC purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the 1st quarter valued at approximately $31,322,000.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Vanguard Short-Term Inflation-Protected Securities ETF stock opened at $49.98 on Thursday. Vanguard Short-Term Inflation-Protected Securities ETF has a twelve month low of $48.28 and a twelve month high of $50.81. The company’s 50-day moving average price is $50.42 and its 200-day moving average price is $50.15.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

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

Vanguard Short-Term Inflation-Protected Securities ETF Company 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.