TPG Financial Advisors LLC Makes New $7.11 Million Investment in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

TPG Financial Advisors LLC acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 143,750 shares of the company’s stock, valued at approximately $7,110,000. Vanguard Short-Term Inflation-Protected Securities ETF comprises approximately 2.4% of TPG Financial Advisors LLC’s holdings, making the stock its 16th largest position.

A number of other hedge funds and other institutional investors have also modified their holdings of VTIP. NewEdge Advisors LLC increased its holdings in 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. The Manufacturers Life Insurance Company boosted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 16.3% during the 2nd 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 during the last quarter. Main Street Financial Solutions LLC grew its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 16.0% during the second 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 in the last quarter. Diversify Advisory Services LLC acquired a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the second quarter worth approximately $210,000. Finally, Raymond James Financial Inc. increased its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 10.8% in the second 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 during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Down 0.1%

VTIP opened at $50.30 on Wednesday. Vanguard Short-Term Inflation-Protected Securities ETF has a 12-month low of $49.35 and a 12-month high of $50.81. The firm’s fifty day moving average price is $50.12 and its 200 day moving average price is $49.91.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st were paid a $0.0227 dividend. This represents a $0.09 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Wednesday, April 1st.

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.