Magnus Financial Group LLC Has $6.42 Million Stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Magnus Financial Group LLC lifted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 18.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 135,137 shares of the company’s stock after purchasing an additional 20,587 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF makes up about 0.8% of Magnus Financial Group LLC’s portfolio, making the stock its 28th largest holding. Magnus Financial Group LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $6,418,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the company. Capital Investment Advisory Services LLC boosted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 8.1% during the 3rd quarter. Capital Investment Advisory Services LLC now owns 30,104 shares of the company’s stock worth $1,423,000 after buying an additional 2,250 shares in the last quarter. Obsidian Personal Planning Solutions LLC acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the third quarter worth $10,981,000. Physician Wealth Solutions Inc. bought a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter valued at $889,000. Larson Financial Group LLC raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 10.1% during the fourth quarter. Larson Financial Group LLC now owns 34,655 shares of the company’s stock valued at $1,646,000 after purchasing an additional 3,177 shares during the period. Finally, Schechter Investment Advisors LLC boosted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 2.3% during the 4th quarter. Schechter Investment Advisors LLC now owns 86,841 shares of the company’s stock worth $4,124,000 after purchasing an additional 1,939 shares in the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Shares of VTIP traded up $0.02 during trading hours on Friday, hitting $47.84. The stock had a trading volume of 537,016 shares, compared to its average volume of 1,263,314. The firm has a 50 day simple moving average of $47.76 and a 200-day simple moving average of $47.57. Vanguard Short-Term Inflation-Protected Securities ETF has a 1-year low of $46.70 and a 1-year high of $48.17.

Vanguard Short-Term Inflation-Protected Securities ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.0267 per share. This represents a $0.11 dividend on an annualized basis and a dividend yield of 0.22%. The ex-dividend date of this dividend was Monday, April 1st.

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.