IFS Group LLC Buys New Stake in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

IFS Group LLC purchased a new stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 16,207 shares of the company’s stock, valued at approximately $810,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VTIP. JPMorgan Chase & Co. raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 5.0% during the fourth quarter. JPMorgan Chase & Co. now owns 30,130,365 shares of the company’s stock valued at $1,490,248,000 after acquiring an additional 1,435,208 shares in the last quarter. LPL Financial LLC grew its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 6.0% during the 4th quarter. LPL Financial LLC now owns 18,490,336 shares of the company’s stock worth $914,532,000 after purchasing an additional 1,039,578 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 22.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 10,366,837 shares of the company’s stock worth $512,744,000 after purchasing an additional 1,877,940 shares during the period. Valmark Advisers Inc. increased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 5.3% during the 1st quarter. Valmark Advisers Inc. now owns 7,073,953 shares of the company’s stock valued at $353,344,000 after purchasing an additional 357,681 shares in the last quarter. Finally, Cambridge Associates LLC MA ADV lifted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 39.4% in the 4th quarter. Cambridge Associates LLC MA ADV now owns 6,908,129 shares of the company’s stock valued at $341,676,000 after purchasing an additional 1,950,826 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of NASDAQ VTIP opened at $49.68 on Thursday. The company’s fifty day moving average price is $50.01 and its 200 day moving average price is $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 declared a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were issued a $0.6804 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date of this dividend was Wednesday, July 1st. 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

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.