Richmond Investment Services LLC Takes Position in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Richmond Investment Services LLC acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 5,068 shares of the company’s stock, valued at approximately $255,000.

Other large investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 39.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 25,836,915 shares of the company’s stock worth $1,298,822,000 after purchasing an additional 7,272,592 shares in the last quarter. Wealthspire Advisors LLC grew its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 13.3% during the second quarter. Wealthspire Advisors LLC now owns 6,941,794 shares of the company’s stock worth $348,964,000 after buying an additional 817,434 shares in the last quarter. Valmark Advisers Inc. raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 2.3% in the 2nd quarter. Valmark Advisers Inc. now owns 6,137,765 shares of the company’s stock valued at $308,545,000 after buying an additional 137,896 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 5.3% during the 2nd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 4,084,092 shares of the company’s stock valued at $205,307,000 after acquiring an additional 206,352 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 79.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,082,483 shares of the company’s stock worth $205,226,000 after acquiring an additional 1,805,350 shares during the last quarter.

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

Shares of VTIP stock opened at $50.18 on Thursday. The firm has a 50-day moving average of $50.18 and a 200-day moving average of $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 firm also recently announced a quarterly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were given a dividend of $0.6481 per share. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a $2.59 annualized dividend and a dividend yield of 5.2%. This is a boost from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.43.

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.