Hsbc Holdings PLC Purchases Shares of 15,250 Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Hsbc Holdings PLC acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 15,250 shares of the company’s stock, valued at approximately $754,000.

Several other institutional investors and hedge funds have also recently modified their holdings of VTIP. Meridian Wealth Management LLC boosted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1.4% during the fourth quarter. Meridian Wealth Management LLC now owns 15,640 shares of the company’s stock valued at $774,000 after buying an additional 212 shares during the last quarter. eCIO Inc. raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 4.4% in the 4th quarter. eCIO Inc. now owns 5,123 shares of the company’s stock valued at $253,000 after buying an additional 218 shares during the last quarter. WMG Financial Advisors LLC raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 4.6% in the 4th quarter. WMG Financial Advisors LLC now owns 5,045 shares of the company’s stock valued at $250,000 after buying an additional 223 shares during the last quarter. Pine Harbor Wealth Management LLC lifted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 4.4% during the 4th quarter. Pine Harbor Wealth Management LLC now owns 5,271 shares of the company’s stock valued at $261,000 after acquiring an additional 224 shares in the last quarter. Finally, TPG Advisors LLC lifted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 1.3% during the 4th quarter. TPG Advisors LLC now owns 17,892 shares of the company’s stock valued at $885,000 after acquiring an additional 238 shares in the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

VTIP opened at $49.61 on Wednesday. The firm’s fifty day moving average price is $50.17 and its two-hundred day moving average price is $49.94. 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 company also recently declared a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were given a dividend of $0.6804 per share. The ex-dividend date of this dividend 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 dividend yield of 5.5%.

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.