Independent Financial Group LLC Invests $1.42 Million in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Independent Financial Group LLC acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 28,504 shares of the company’s stock, valued at approximately $1,424,000.

Several other large investors also recently modified their holdings of the company. Ancora Advisors LLC bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the third quarter worth $25,000. Geneos Wealth Management Inc. boosted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 62.7% during the first quarter. Geneos Wealth Management Inc. now owns 519 shares of the company’s stock valued at $26,000 after acquiring an additional 200 shares during the last quarter. Sound Income Strategies LLC boosted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 64.7% during the first quarter. Sound Income Strategies LLC now owns 542 shares of the company’s stock valued at $27,000 after acquiring an additional 213 shares during the last quarter. NBT Bank N A NY boosted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 1,057.1% during the first quarter. NBT Bank N A NY now owns 567 shares of the company’s stock valued at $28,000 after acquiring an additional 518 shares during the last quarter. Finally, Ascentis Independent Advisors acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the 1st quarter worth about $29,000.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Shares of Vanguard Short-Term Inflation-Protected Securities ETF stock opened at $49.70 on Monday. The business has a 50-day moving average price of $50.13 and a two-hundred day moving average price of $49.95. Vanguard Short-Term Inflation-Protected Securities ETF has a 1-year low of $49.35 and a 1-year 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. Shareholders of record on Wednesday, July 1st were issued a $0.6804 dividend. The ex-dividend date was Wednesday, July 1st. This is an increase from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.02. This represents a $2.72 dividend on an annualized basis and a yield of 5.5%.

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.