Petersen Hastings Wealth Advisors Inc. Invests $4.48 Million in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Petersen Hastings Wealth Advisors Inc. purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 90,582 shares of the company’s stock, valued at approximately $4,480,000. Vanguard Short-Term Inflation-Protected Securities ETF comprises approximately 0.4% of Petersen Hastings Wealth Advisors Inc.’s investment portfolio, making the stock its 16th largest holding.

Several other large investors have also modified their holdings of VTIP. Wealthfront Advisers LLC lifted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 396.0% during the fourth quarter. Wealthfront Advisers LLC now owns 3,633,423 shares of the company’s stock worth $179,709,000 after purchasing an additional 2,900,809 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 11.1% during the third quarter. JPMorgan Chase & Co. now owns 28,695,157 shares of the company’s stock worth $1,452,836,000 after purchasing an additional 2,858,242 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 22.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 10,366,837 shares of the company’s stock worth $512,744,000 after acquiring an additional 1,877,940 shares during the period. BOK Financial Private Wealth Inc. bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the third quarter worth about $74,113,000. Finally, First Interstate Bank bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter worth about $68,058,000.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of NASDAQ VTIP opened at $50.41 on Friday. The firm’s 50-day moving average price is $50.22 and its two-hundred day moving average price is $49.94. Vanguard Short-Term Inflation-Protected Securities ETF has a 52-week low of $49.35 and a 52-week high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were paid a $0.0227 dividend. The ex-dividend date was Wednesday, April 1st. This represents a $0.09 annualized dividend and a dividend yield of 0.2%.

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.