Modern Wealth Management LLC Takes Position in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Modern Wealth Management LLC acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 40,355 shares of the company’s stock, valued at approximately $2,013,000.

Other large investors have also made changes to their positions in the company. Ancora Advisors LLC purchased a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the third quarter valued at about $25,000. Geneos Wealth Management Inc. increased its stake in 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 acquiring an additional 200 shares during the last quarter. Sound Income Strategies LLC raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 64.7% in the 1st 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 period. NBT Bank N A NY raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1,057.1% in the 1st quarter. NBT Bank N A NY now owns 567 shares of the company’s stock worth $28,000 after purchasing an additional 518 shares during the period. Finally, Ascentis Independent Advisors acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 1st quarter valued at about $29,000.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Up 0.0%

NASDAQ VTIP opened at $49.59 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a 1-year low of $49.35 and a 1-year high of $50.81. The business’s 50-day simple moving average is $50.05 and its 200-day simple moving average is $49.95.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

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

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.