Lowe Wealth Advisors LLC Boosts Stock Position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Lowe Wealth Advisors LLC boosted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 67.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 619 shares of the company’s stock after purchasing an additional 250 shares during the period. Lowe Wealth Advisors LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $31,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. 10Elms LLP bought a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter valued at $39,000. VSM Wealth Advisory LLC purchased a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 4th quarter worth about $47,000. Rialto Wealth Management LLC bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 4th quarter valued at about $58,000. Murphy & Mullick Capital Management Corp bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 4th quarter valued at about $67,000. Finally, Smartleaf Asset Management LLC increased its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 18.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,525 shares of the company’s stock valued at $74,000 after buying an additional 235 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

VTIP stock opened at $49.96 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a 1 year low of $48.04 and a 1 year high of $50.29. The firm has a 50-day moving average of $49.87 and a 200 day moving average of $49.26.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were issued a dividend of $0.0978 per share. The ex-dividend date was Tuesday, April 1st. This represents a $0.39 dividend on an annualized basis and a dividend yield of 0.78%.

About Vanguard Short-Term Inflation-Protected Securities ETF

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.