Factor Wealth Management LTD Boosts Stake in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Factor Wealth Management LTD lifted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 697.4% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 191,038 shares of the company’s stock after purchasing an additional 167,080 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF accounts for approximately 1.8% of Factor Wealth Management LTD’s investment portfolio, making the stock its 18th biggest holding. Factor Wealth Management LTD’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $9,542,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Verus Capital Partners LLC raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 3.6% in the 3rd quarter. Verus Capital Partners LLC now owns 5,826 shares of the company’s stock worth $295,000 after acquiring an additional 203 shares during the last quarter. Meridian Wealth Management LLC lifted its position 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 acquiring an additional 212 shares during the period. eCIO Inc. grew its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 4.4% during the 4th quarter. eCIO Inc. now owns 5,123 shares of the company’s stock valued at $253,000 after purchasing an additional 218 shares during the last quarter. WMG Financial Advisors LLC grew its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 4.6% during the 4th 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 during the last quarter. Finally, Pine Harbor Wealth Management LLC increased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 4.4% in 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 during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of VTIP stock opened at $50.12 on Thursday. Vanguard Short-Term Inflation-Protected Securities ETF has a fifty-two week low of $49.35 and a fifty-two week high of $50.81. The stock’s 50-day simple moving average is $50.30 and its 200-day simple moving average is $49.95.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

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

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.