Financial Solutions Advisory Group Inc. Takes $26.08 Million Position in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Financial Solutions Advisory Group Inc. acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 522,141 shares of the company’s stock, valued at approximately $26,081,000. Vanguard Short-Term Inflation-Protected Securities ETF accounts for 3.6% of Financial Solutions Advisory Group Inc.’s holdings, making the stock its 7th biggest holding. Financial Solutions Advisory Group Inc. owned approximately 0.15% of Vanguard Short-Term Inflation-Protected Securities ETF at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of VTIP. Ancora Advisors LLC acquired a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the 3rd quarter valued at about $25,000. Geneos Wealth Management Inc. lifted its position in shares of 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 worth $26,000 after purchasing an additional 200 shares in the last quarter. Sound Income Strategies LLC lifted its position in shares of 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 worth $27,000 after purchasing an additional 213 shares in the last quarter. NBT Bank N A NY lifted its position in shares of 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 worth $28,000 after purchasing an additional 518 shares in the last quarter. Finally, Ascentis Independent Advisors purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the first quarter valued at approximately $29,000.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Shares of VTIP stock opened at $49.66 on Friday. The company has a 50 day moving average price of $49.98 and a 200 day moving average price of $49.95. Vanguard Short-Term Inflation-Protected Securities ETF has a fifty-two week low of $49.35 and a fifty-two week high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

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

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.