The Manufacturers Life Insurance Company Raises Stock Position in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

The Manufacturers Life Insurance Company boosted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 193.1% in the first quarter, HoldingsChannel.com reports. The fund owned 856,145 shares of the company’s stock after purchasing an additional 564,036 shares during the period. The Manufacturers Life Insurance Company’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $42,764,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. NewEdge Advisors LLC raised its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 86.9% during the 2nd 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 last quarter. Main Street Financial Solutions LLC boosted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 16.0% in the 2nd quarter. Main Street Financial Solutions LLC now owns 22,056 shares of the company’s stock worth $1,109,000 after buying an additional 3,035 shares during the last quarter. Diversify Advisory Services LLC purchased a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the 2nd quarter worth approximately $210,000. Raymond James Financial Inc. increased its stake 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 buying an additional 57,079 shares in the last quarter. Finally, AQR Capital Management LLC raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 17.0% during the second quarter. AQR Capital Management LLC now owns 88,073 shares of the company’s stock valued at $4,427,000 after acquiring an additional 12,790 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

NASDAQ VTIP opened at $49.66 on Friday. The stock’s 50 day simple moving average is $49.99 and its 200-day simple moving average is $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. Stockholders of record on Wednesday, July 1st were given a $0.6804 dividend. This represents a $2.72 dividend on an annualized basis and a dividend yield of 5.5%. This is a positive change from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.02. The ex-dividend date 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.