281,275 Shares in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP Bought by Goodman Financial Corp

Goodman Financial Corp purchased a new stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor purchased 281,275 shares of the company’s stock, valued at approximately $14,050,000. Vanguard Short-Term Inflation-Protected Securities ETF makes up about 2.4% of Goodman Financial Corp’s investment portfolio, making the stock its 20th largest holding.

Several other hedge funds also recently added to or reduced their stakes in the stock. NewEdge Advisors LLC boosted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 86.9% in the second quarter. NewEdge Advisors LLC now owns 176,527 shares of the company’s stock worth $8,874,000 after buying an additional 82,056 shares during the period. The Manufacturers Life Insurance Company grew its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 16.3% in the second quarter. The Manufacturers Life Insurance Company now owns 261,182 shares of the company’s stock valued at $13,130,000 after buying an additional 36,624 shares in the last quarter. Main Street Financial Solutions LLC raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 16.0% during the 2nd quarter. Main Street Financial Solutions LLC now owns 22,056 shares of the company’s stock valued at $1,109,000 after buying an additional 3,035 shares during the period. Diversify Advisory Services LLC purchased a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 2nd quarter valued at about $210,000. Finally, Raymond James Financial Inc. lifted its position 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 acquiring an additional 57,079 shares in the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Vanguard Short-Term Inflation-Protected Securities ETF stock opened at $49.63 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a one year low of $49.35 and a one year high of $50.81. The stock’s 50 day moving average price is $50.15 and its 200 day moving average price is $49.94.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, July 6th. Stockholders 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.