Summit Global Investments Increases Position in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Summit Global Investments increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIPFree Report) by 263.2% in the first quarter, HoldingsChannel.com reports. The firm owned 188,528 shares of the company’s stock after buying an additional 136,624 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF makes up 0.6% of Summit Global Investments’ holdings, making the stock its 22nd biggest holding. Summit Global Investments’ holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $9,417,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Klingman & Associates LLC raised its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 17.3% during the 4th quarter. Klingman & Associates LLC now owns 2,087,310 shares of the company’s stock worth $103,238,000 after buying an additional 307,650 shares during the period. BOK Financial Private Wealth Inc. lifted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 7.5% during the 4th quarter. BOK Financial Private Wealth Inc. now owns 1,573,390 shares of the company’s stock valued at $77,820,000 after buying an additional 109,570 shares in the last quarter. Financial Consulate Inc. grew its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 13.1% in the 4th quarter. Financial Consulate Inc. now owns 557,604 shares of the company’s stock valued at $27,579,000 after acquiring an additional 64,482 shares during the period. Financial Plan Inc. acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the 4th quarter valued at $29,299,000. Finally, Savvy Advisors Inc. grew its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 126.7% in the 4th quarter. Savvy Advisors Inc. now owns 27,617 shares of the company’s stock valued at $1,366,000 after acquiring an additional 15,435 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of NASDAQ VTIP opened at $49.67 on Tuesday. The firm has a fifty day moving average of $50.12 and a 200 day moving average of $49.95. Vanguard Short-Term Inflation-Protected Securities ETF has a one year low of $49.35 and a one year high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

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

Vanguard Short-Term Inflation-Protected Securities ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding VTIP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIPFree Report).

Institutional Ownership by Quarter for Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

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