Belleair Asset Management LLC Makes New $4.08 Million Investment in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Belleair Asset Management LLC acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 82,575 shares of the company’s stock, valued at approximately $4,084,000. Vanguard Short-Term Inflation-Protected Securities ETF accounts for approximately 3.9% of Belleair Asset Management LLC’s holdings, making the stock its 7th largest position.

A number of other hedge funds and other institutional investors also recently modified their holdings of VTIP. Klingman & Associates LLC raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 17.3% during the fourth quarter. Klingman & Associates LLC now owns 2,087,310 shares of the company’s stock worth $103,238,000 after purchasing an additional 307,650 shares during the period. Alaska Wealth Advisors raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 8.1% during the third quarter. Alaska Wealth Advisors now owns 255,335 shares of the company’s stock worth $12,928,000 after purchasing an additional 19,151 shares during the period. Financial Consulate Inc. raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 13.1% during the fourth quarter. Financial Consulate Inc. now owns 557,604 shares of the company’s stock worth $27,579,000 after purchasing an additional 64,482 shares during the period. Gradient Capital Advisors LLC raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 10.3% during the third quarter. Gradient Capital Advisors LLC now owns 154,502 shares of the company’s stock worth $7,822,000 after purchasing an additional 14,433 shares during the period. Finally, Jones Financial Companies Lllp raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 33.4% during the third quarter. Jones Financial Companies Lllp now owns 47,244 shares of the company’s stock worth $2,392,000 after purchasing an additional 11,837 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of NASDAQ:VTIP opened at $50.36 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a 1-year low of $49.35 and a 1-year high of $50.81. The company’s fifty day moving average is $50.00 and its two-hundred day moving average is $49.90.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

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