Washington Trust Bank Grows Stock Holdings in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Washington Trust Bank raised its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 4.3% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 24,785 shares of the company’s stock after buying an additional 1,012 shares during the quarter. Washington Trust Bank’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $1,246,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of VTIP. LPL Financial LLC raised its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 789.9% in the 1st quarter. LPL Financial LLC now owns 14,856,970 shares of the company’s stock valued at $741,363,000 after purchasing an additional 13,187,463 shares during the last quarter. Wealthspire Advisors LLC raised its position in shares of 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 valued at $305,606,000 after purchasing an additional 3,374,033 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 79.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,082,483 shares of the company’s stock valued at $205,226,000 after purchasing an additional 1,805,350 shares during the last quarter. HighTower Advisors LLC raised its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 44.7% in the 1st 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 during the last quarter. Finally, Empowered Funds LLC acquired a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the 1st quarter worth approximately $31,322,000.

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

Shares of NASDAQ:VTIP opened at $49.99 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 is $50.37 and its 200 day moving average is $50.16.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

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

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.