11,045 Vanguard Short-Term Inflation-Protected Securities ETF $VTIP Shares Bought by Summit Global Investments

Summit Global Investments boosted its position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 5.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 211,510 shares of the company’s stock after purchasing an additional 11,045 shares during the period. Vanguard Short-Term Inflation-Protected Securities ETF comprises 0.5% of Summit Global Investments’ portfolio, making the stock its 23rd biggest holding. Summit Global Investments’ holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $10,411,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Valmark Advisers Inc. increased its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 5.3% during the 1st quarter. Valmark Advisers Inc. now owns 7,073,953 shares of the company’s stock valued at $353,344,000 after purchasing an additional 357,681 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 5.1% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 4,890,809 shares of the company’s stock worth $244,296,000 after purchasing an additional 237,357 shares during the period. Wealthfront Advisers LLC lifted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 33.6% in the 1st quarter. Wealthfront Advisers LLC now owns 4,855,031 shares of the company’s stock worth $242,509,000 after purchasing an additional 1,221,608 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 0.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,345,770 shares of the company’s stock worth $218,279,000 after purchasing an additional 20,953 shares during the period. Finally, Bank of America Corp DE lifted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 2.7% in the 1st quarter. Bank of America Corp DE now owns 3,797,614 shares of the company’s stock worth $189,691,000 after purchasing an additional 100,783 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

VTIP opened at $48.99 on Friday. The company’s 50 day moving average is $49.13 and its 200 day moving average is $49.73. Vanguard Short-Term Inflation-Protected Securities ETF has a 12-month low of $48.28 and a 12-month high of $50.48.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, October 5th. Shareholders of record on Thursday, October 1st were issued a dividend of $0.9333 per share. This is an increase from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.6804. This represents a $3.73 dividend on an annualized basis and a yield of 7.6%. The ex-dividend date of this dividend was Thursday, October 1st.

About Vanguard Short-Term Inflation-Protected Securities ETF

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.