MAI Capital Management Purchases 6,414 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

MAI Capital Management raised its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 13.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 55,720 shares of the company’s stock after purchasing an additional 6,414 shares during the quarter. MAI Capital Management’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $2,801,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. First Pacific Financial purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the second quarter worth approximately $33,000. TFC Financial Management Inc. bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the second quarter worth approximately $34,000. Cullen Frost Bankers Inc. boosted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 77.6% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 783 shares of the company’s stock worth $39,000 after acquiring an additional 342 shares during the last quarter. ORG Partners LLC bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 2nd quarter valued at $42,000. Finally, Avalon Trust Co purchased a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 1st quarter worth $50,000.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Up 0.1%

Shares of Vanguard Short-Term Inflation-Protected Securities ETF stock opened at $50.12 on Monday. The stock’s fifty day moving average is $50.22 and its 200 day moving average is $50.17. Vanguard Short-Term Inflation-Protected Securities ETF has a one year low of $48.28 and a one year high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were paid a $0.6481 dividend. This represents a $2.59 annualized dividend 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. The ex-dividend date of this dividend was Wednesday, October 1st.

Vanguard Short-Term Inflation-Protected Securities ETF Company 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.