Parkwoods Wealth Partners LLC Purchases Shares of 13,065 Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Parkwoods Wealth Partners LLC acquired a new position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 13,065 shares of the company’s stock, valued at approximately $661,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of VTIP. Parkworth Wealth Management Inc. raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 2,296.0% during the 2nd quarter. Parkworth Wealth Management Inc. now owns 599 shares of the company’s stock worth $30,000 after buying an additional 574 shares during the last quarter. First Pacific Financial acquired a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the second quarter worth $33,000. TFC Financial Management Inc. purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the second quarter worth $34,000. Cullen Frost Bankers Inc. lifted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 77.6% during the second quarter. Cullen Frost Bankers Inc. now owns 783 shares of the company’s stock valued at $39,000 after purchasing an additional 342 shares during the period. Finally, ORG Partners LLC purchased a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the second quarter valued at $42,000.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Down 0.0%

Shares of VTIP opened at $49.42 on Monday. The business’s 50-day moving average is $50.08 and its two-hundred day moving average is $50.19. Vanguard Short-Term Inflation-Protected Securities ETF has a fifty-two week low of $48.28 and a fifty-two week high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were given a dividend of $0.6481 per share. This is an increase from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.43. This represents a $2.59 annualized dividend and a yield of 5.2%. The ex-dividend date was Wednesday, October 1st.

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.