Hsbc Holdings PLC Takes $754,000 Position in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Hsbc Holdings PLC bought a new stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 15,250 shares of the company’s stock, valued at approximately $754,000.

A number of other institutional investors have also added to or reduced their stakes in VTIP. Ancora Advisors LLC acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the third quarter valued at approximately $25,000. Millstone Evans Group LLC raised its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 73.2% during the fourth quarter. Millstone Evans Group LLC now owns 703 shares of the company’s stock worth $35,000 after purchasing an additional 297 shares during the period. Wealth Watch Advisors INC acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the fourth quarter worth approximately $36,000. Arax Advisory Partners bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 4th quarter worth $39,000. Finally, Torren Management LLC bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 4th quarter worth $47,000.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

NASDAQ VTIP opened at $49.61 on Wednesday. The company has a fifty day simple moving average of $50.17 and a 200 day simple moving average of $49.94. Vanguard Short-Term Inflation-Protected Securities ETF has a 12-month low of $49.35 and a 12-month high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were paid a $0.6804 dividend. This represents a $2.72 dividend on an annualized basis and a dividend yield of 5.5%. This is a positive change from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend was Wednesday, July 1st.

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.