Verus Financial Partners Inc. Acquires 16,348 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Verus Financial Partners Inc. boosted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 5.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 303,180 shares of the company’s stock after purchasing an additional 16,348 shares during the period. Vanguard Short-Term Inflation-Protected Securities ETF accounts for approximately 1.3% of Verus Financial Partners Inc.’s holdings, making the stock its 14th largest holding. Verus Financial Partners Inc. owned approximately 0.07% of Vanguard Short-Term Inflation-Protected Securities ETF worth $14,923,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Fischer Financial Services Inc. boosted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 1.2% in the first quarter. Fischer Financial Services Inc. now owns 17,390 shares of the company’s stock worth $869,000 after purchasing an additional 200 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 62.7% during the first quarter. Geneos Wealth Management Inc. now owns 519 shares of the company’s stock worth $26,000 after purchasing an additional 200 shares during the last quarter. Sound Income Strategies LLC grew its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 64.7% during the first quarter. Sound Income Strategies LLC now owns 542 shares of the company’s stock worth $27,000 after purchasing an additional 213 shares during the last quarter. Whelan Financial grew its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 5.0% during the third quarter. Whelan Financial now owns 5,238 shares of the company’s stock worth $258,000 after purchasing an additional 249 shares during the last quarter. Finally, Lam Group Inc. increased its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 17.3% in the second quarter. Lam Group Inc. now owns 1,760 shares of the company’s stock valued at $88,000 after buying an additional 260 shares in the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Shares of NASDAQ:VTIP opened at $48.99 on Friday. The business has a fifty day moving average of $49.13 and a 200-day moving average of $49.73. Vanguard Short-Term Inflation-Protected Securities ETF has a twelve month low of $48.28 and a twelve month high of $50.48.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 5th. Shareholders of record on Thursday, October 1st were issued a dividend of $0.9333 per share. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $3.73 dividend on an annualized basis and a yield of 7.6%. This is an increase from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.6804.

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.