Webster Bank N. A. Raises Holdings in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Webster Bank N. A. boosted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 3.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 501,985 shares of the company’s stock after purchasing an additional 16,439 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF comprises approximately 2.4% of Webster Bank N. A.’s investment portfolio, making the stock its 10th largest holding. Webster Bank N. A. owned about 0.15% of Vanguard Short-Term Inflation-Protected Securities ETF worth $25,074,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Ancora Advisors LLC bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the third quarter valued at $25,000. Millstone Evans Group LLC grew its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 73.2% during the fourth quarter. Millstone Evans Group LLC now owns 703 shares of the company’s stock valued at $35,000 after buying an additional 297 shares during the last quarter. Wealth Watch Advisors INC bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the fourth quarter worth about $36,000. Arax Advisory Partners bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the fourth quarter worth about $39,000. Finally, Torren Management LLC bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the fourth quarter worth about $47,000.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

VTIP opened at $50.10 on Tuesday. Vanguard Short-Term Inflation-Protected Securities ETF has a fifty-two week low of $49.35 and a fifty-two week high of $50.81. The company’s 50-day moving average is $50.30 and its 200 day moving average is $49.95.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were issued a dividend of $0.0227 per share. This represents a $0.09 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Wednesday, April 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.