Magnus Financial Group LLC Purchases 37,309 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Magnus Financial Group LLC lifted its position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 18.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 235,075 shares of the company’s stock after purchasing an additional 37,309 shares during the quarter. Magnus Financial Group LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $11,570,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in VTIP. Valmark Advisers Inc. boosted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 5.3% during the first 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 during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 5.1% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 4,890,809 shares of the company’s stock valued at $244,296,000 after buying an additional 237,357 shares in the last quarter. Wealthfront Advisers LLC grew its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 33.6% during the 1st quarter. Wealthfront Advisers LLC now owns 4,855,031 shares of the company’s stock valued at $242,509,000 after buying an additional 1,221,608 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 0.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 4,345,770 shares of the company’s stock valued at $218,279,000 after buying an additional 20,953 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 2.7% in the 1st quarter. Bank of America Corp DE now owns 3,797,614 shares of the company’s stock worth $189,691,000 after acquiring an additional 100,783 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

NASDAQ:VTIP opened at $48.66 on Thursday. Vanguard Short-Term Inflation-Protected Securities ETF has a 1 year low of $48.28 and a 1 year high of $50.48. The stock’s 50 day simple moving average is $49.25 and its two-hundred day simple moving average is $49.77.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, October 5th. Investors of record on Thursday, October 1st were issued a $0.9333 dividend. This represents a $3.73 dividend on an annualized basis and a dividend yield of 7.7%. This is a boost from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.6804. The ex-dividend date of this dividend was Thursday, October 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.