Wealthfront Advisers LLC Acquires 1,221,608 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Wealthfront Advisers LLC raised its holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 33.6% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 4,855,031 shares of the company’s stock after acquiring an additional 1,221,608 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF makes up about 0.5% of Wealthfront Advisers LLC’s portfolio, making the stock its 28th largest holding. Wealthfront Advisers LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $242,509,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. NewEdge Advisors LLC lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 86.9% during the second quarter. NewEdge Advisors LLC now owns 176,527 shares of the company’s stock worth $8,874,000 after purchasing an additional 82,056 shares during the period. The Manufacturers Life Insurance Company increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 16.3% in the second quarter. The Manufacturers Life Insurance Company now owns 261,182 shares of the company’s stock valued at $13,130,000 after purchasing an additional 36,624 shares during the period. Main Street Financial Solutions LLC increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 16.0% in the second quarter. Main Street Financial Solutions LLC now owns 22,056 shares of the company’s stock valued at $1,109,000 after purchasing an additional 3,035 shares during the period. Diversify Advisory Services LLC bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the 2nd quarter worth $210,000. Finally, Raymond James Financial Inc. raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 10.8% during the 2nd quarter. Raymond James Financial Inc. now owns 586,133 shares of the company’s stock worth $29,465,000 after purchasing an additional 57,079 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Up 0.0%

Shares of VTIP opened at $49.63 on Thursday. The stock’s 50-day moving average price is $50.16 and its two-hundred day moving average price is $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 announced a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid a dividend of $0.6804 per share. This is an increase from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.02. This represents a $2.72 annualized dividend and a yield of 5.5%. The ex-dividend date of this dividend was Wednesday, July 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.