522,141 Shares in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP Bought by Financial Solutions Advisory Group Inc.

Financial Solutions Advisory Group Inc. purchased a new stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) during the first quarter, Holdings Channel reports. The institutional investor purchased 522,141 shares of the company’s stock, valued at approximately $26,081,000. Vanguard Short-Term Inflation-Protected Securities ETF accounts for approximately 3.6% of Financial Solutions Advisory Group Inc.’s investment portfolio, making the stock its 7th biggest position.

A number of other hedge funds also recently bought and sold shares of the stock. Ancora Advisors LLC acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the third quarter worth about $25,000. Geneos Wealth Management Inc. increased its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 62.7% during the first quarter. Geneos Wealth Management Inc. now owns 519 shares of the company’s stock worth $26,000 after buying an additional 200 shares during the period. Sound Income Strategies LLC raised its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 64.7% in the first quarter. Sound Income Strategies LLC now owns 542 shares of the company’s stock valued at $27,000 after acquiring an additional 213 shares in the last quarter. NBT Bank N A NY raised its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 1,057.1% in the first quarter. NBT Bank N A NY now owns 567 shares of the company’s stock valued at $28,000 after acquiring an additional 518 shares in the last quarter. Finally, Ascentis Independent Advisors acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the first quarter valued at approximately $29,000.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Shares of Vanguard Short-Term Inflation-Protected Securities ETF stock opened at $49.66 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a 52-week low of $49.35 and a 52-week high of $50.81. The company has a 50 day moving average of $49.98 and a 200 day moving average of $49.95.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were issued a $0.6804 dividend. This represents a $2.72 dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date was Wednesday, July 1st. This is a positive change from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.02.

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.