First Pacific Financial Makes New Investment in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

First Pacific Financial bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) in the second quarter, HoldingsChannel reports. The fund bought 655 shares of the company’s stock, valued at approximately $33,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VTIP. Garrison Bradford & Associates Inc. purchased a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the 1st quarter worth approximately $25,000. Wayfinding Financial LLC purchased a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the 1st quarter worth approximately $26,000. Hager Investment Management Services LLC purchased a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the 1st quarter worth approximately $27,000. Rossby Financial LCC purchased a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the 1st quarter worth approximately $36,000. Finally, Golden State Wealth Management LLC lifted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 220.4% in the 1st quarter. Golden State Wealth Management LLC now owns 769 shares of the company’s stock worth $38,000 after buying an additional 529 shares in the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Trading Down 1.2%

VTIP stock opened at $50.03 on Thursday. Vanguard Short-Term Inflation-Protected Securities ETF has a 12-month low of $48.28 and a 12-month high of $50.81. The company has a 50 day moving average of $50.46 and a two-hundred day moving average of $50.09.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st will be issued a dividend of $0.6481 per share. The ex-dividend date is Wednesday, October 1st. This represents a $2.59 dividend on an annualized basis and a dividend yield of 5.2%. This is an increase from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.43.

Vanguard Short-Term Inflation-Protected Securities ETF 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.