Innovative Wealth Building LLC Makes New $1.14 Million Investment in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Innovative Wealth Building LLC bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 22,587 shares of the company’s stock, valued at approximately $1,135,000. Vanguard Short-Term Inflation-Protected Securities ETF makes up 0.9% of Innovative Wealth Building LLC’s portfolio, making the stock its 21st largest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VTIP. LPL Financial LLC grew its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 789.9% during the 1st quarter. LPL Financial LLC now owns 14,856,970 shares of the company’s stock worth $741,363,000 after acquiring an additional 13,187,463 shares in the last quarter. Wealthspire Advisors LLC grew its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 122.7% during the 1st quarter. Wealthspire Advisors LLC now owns 6,124,360 shares of the company’s stock worth $305,606,000 after acquiring an additional 3,374,033 shares in the last quarter. HighTower Advisors LLC grew its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 44.7% during the 1st quarter. HighTower Advisors LLC now owns 2,394,624 shares of the company’s stock worth $119,492,000 after acquiring an additional 739,599 shares in the last quarter. Garde Capital Inc. bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the 1st quarter worth about $31,675,000. Finally, Empowered Funds LLC bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 1st quarter valued at about $31,322,000.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

NASDAQ:VTIP opened at $49.99 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a fifty-two week low of $48.28 and a fifty-two week high of $50.81. The company’s 50-day simple moving average is $50.46 and its 200-day simple moving average is $50.10.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were issued a $0.6481 dividend. The ex-dividend date was 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.