Vertrix Wealth Management LLC Purchases New Position in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Vertrix Wealth Management LLC acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIPFree Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 249,354 shares of the company’s stock, valued at approximately $12,455,000. Vanguard Short-Term Inflation-Protected Securities ETF makes up approximately 4.6% of Vertrix Wealth Management LLC’s portfolio, making the stock its 2nd biggest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VTIP. Ancora Advisors LLC acquired a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 3rd quarter valued at $25,000. Millstone Evans Group LLC increased its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 73.2% during the 4th quarter. Millstone Evans Group LLC now owns 703 shares of the company’s stock worth $35,000 after purchasing an additional 297 shares in the last quarter. Wealth Watch Advisors INC bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the 4th quarter valued at about $36,000. Arax Advisory Partners bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the 4th quarter valued at about $39,000. Finally, Torren Management LLC acquired a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter valued at about $47,000.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Down 1.4%

Shares of Vanguard Short-Term Inflation-Protected Securities ETF stock opened at $49.52 on Thursday. Vanguard Short-Term Inflation-Protected Securities ETF has a 1-year low of $49.35 and a 1-year high of $50.81. The firm’s 50-day moving average price is $50.29 and its two-hundred day moving average price is $49.95.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 6th. Investors of record on Wednesday, July 1st will be issued a dividend of $0.6804 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $2.72 dividend on an annualized basis and a yield of 5.5%. 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

(Free Report)

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.

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Institutional Ownership by Quarter for Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

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