Benningfield Financial Advisors LLC Boosts Stock Holdings in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Benningfield Financial Advisors LLC boosted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 6.3% during the first quarter, Holdings Channel.com reports. The firm owned 423,463 shares of the company’s stock after acquiring an additional 25,134 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF comprises about 16.7% of Benningfield Financial Advisors LLC’s portfolio, making the stock its 2nd largest holding. Benningfield Financial Advisors LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $21,152,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 5.0% during the fourth quarter. JPMorgan Chase & Co. now owns 30,130,365 shares of the company’s stock valued at $1,490,248,000 after purchasing an additional 1,435,208 shares during the last quarter. LPL Financial LLC grew its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 6.0% in the 4th quarter. LPL Financial LLC now owns 18,490,336 shares of the company’s stock worth $914,532,000 after buying an additional 1,039,578 shares during the last quarter. Goldman Sachs Group Inc. increased its position in Vanguard Short-Term Inflation-Protected Securities ETF by 22.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 10,366,837 shares of the company’s stock valued at $512,744,000 after buying an additional 1,877,940 shares in the last quarter. Valmark Advisers Inc. increased its position in Vanguard Short-Term Inflation-Protected Securities ETF by 5.3% during the 1st quarter. Valmark Advisers Inc. now owns 7,073,953 shares of the company’s stock valued at $353,344,000 after buying an additional 357,681 shares in the last quarter. Finally, Cambridge Associates LLC MA ADV raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 39.4% during the fourth quarter. Cambridge Associates LLC MA ADV now owns 6,908,129 shares of the company’s stock valued at $341,676,000 after buying an additional 1,950,826 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Vanguard Short-Term Inflation-Protected Securities ETF stock opened at $49.70 on Friday. The business’s fifty day simple moving average is $50.13 and its two-hundred day simple moving average is $49.94. Vanguard Short-Term Inflation-Protected Securities ETF has a 12 month low of $49.35 and a 12 month high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were given a $0.6804 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $2.72 annualized dividend and a dividend yield of 5.5%. This is a boost from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.02.

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.