Prosperity Planning Inc. Raises Stake in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Prosperity Planning Inc. increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 7.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 384,318 shares of the company’s stock after buying an additional 26,867 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF accounts for about 4.4% of Prosperity Planning Inc.’s investment portfolio, making the stock its 4th largest position. Prosperity Planning Inc. owned approximately 0.10% of Vanguard Short-Term Inflation-Protected Securities ETF worth $19,304,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in VTIP. Wealthfront Advisers LLC increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 396.0% during the fourth quarter. Wealthfront Advisers LLC now owns 3,633,423 shares of the company’s stock valued at $179,709,000 after buying an additional 2,900,809 shares during the last quarter. Cambridge Associates LLC MA ADV boosted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 39.4% during the 4th quarter. Cambridge Associates LLC MA ADV now owns 6,908,129 shares of the company’s stock worth $341,676,000 after acquiring an additional 1,950,826 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 22.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 10,366,837 shares of the company’s stock valued at $512,744,000 after acquiring an additional 1,877,940 shares during the period. Russell Investments Group Ltd. bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 4th quarter valued at $73,135,000. Finally, JPMorgan Chase & Co. increased its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 5.0% in the 4th quarter. JPMorgan Chase & Co. now owns 30,130,365 shares of the company’s stock worth $1,490,248,000 after purchasing an additional 1,435,208 shares in the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

NASDAQ:VTIP opened at $49.68 on Tuesday. Vanguard Short-Term Inflation-Protected Securities ETF has a one year low of $49.35 and a one year high of $50.81. The business has a fifty day moving average price of $49.90 and a 200-day moving average price of $49.96.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.6804 per share. This is a boost 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 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.