Root Financial Partners LLC Buys 11,142 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Root Financial Partners LLC increased its stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 119.8% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 20,440 shares of the company’s stock after purchasing an additional 11,142 shares during the quarter. Root Financial Partners LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $1,021,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VTIP. Meridian Wealth Management LLC lifted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 1.4% during the 4th quarter. Meridian Wealth Management LLC now owns 15,640 shares of the company’s stock worth $774,000 after purchasing an additional 212 shares in the last quarter. eCIO Inc. increased its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 4.4% in the 4th quarter. eCIO Inc. now owns 5,123 shares of the company’s stock worth $253,000 after acquiring an additional 218 shares during the last quarter. WMG Financial Advisors LLC raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 4.6% in the fourth quarter. WMG Financial Advisors LLC now owns 5,045 shares of the company’s stock valued at $250,000 after purchasing an additional 223 shares in the last quarter. Pine Harbor Wealth Management LLC raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 4.4% during the fourth quarter. Pine Harbor Wealth Management LLC now owns 5,271 shares of the company’s stock valued at $261,000 after purchasing an additional 224 shares in the last quarter. Finally, TPG Advisors LLC boosted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1.3% in the 4th quarter. TPG Advisors LLC now owns 17,892 shares of the company’s stock worth $885,000 after purchasing an additional 238 shares in the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

NASDAQ:VTIP opened at $49.52 on Thursday. The business has a 50 day moving average of $50.29 and a 200 day moving average of $49.95. Vanguard Short-Term Inflation-Protected Securities ETF has a 1-year low of $49.35 and a 1-year high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st will be 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 is Wednesday, July 1st. This is a positive change from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.02.

Vanguard Short-Term Inflation-Protected Securities ETF Company 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.