Vanguard Short-Term Inflation-Protected Securities ETF $VTIP Shares Sold by Factor Wealth Management LTD

Factor Wealth Management LTD lessened its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 19.3% during the third quarter, HoldingsChannel reports. The firm owned 165,473 shares of the company’s stock after selling 39,658 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF accounts for approximately 1.3% of Factor Wealth Management LTD’s investment portfolio, making the stock its 20th largest holding. Factor Wealth Management LTD’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $8,145,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Cambridge Associates LLC MA ADV lifted its position 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 worth $341,676,000 after buying an additional 1,950,826 shares during the period. Empowered Funds LLC purchased a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the 1st quarter valued at about $67,290,000. Wealthfront Advisers LLC increased its stake in shares of 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 acquiring an additional 1,221,608 shares during the last quarter. Trust Co. of Vermont acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 2nd quarter valued at about $45,229,000. Finally, Focus Partners Wealth lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 18.7% during the 4th quarter. Focus Partners Wealth now owns 4,254,717 shares of the company’s stock worth $210,438,000 after acquiring an additional 669,831 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of VTIP traded up $0.03 during mid-day trading on Thursday, hitting $48.49. The company had a trading volume of 2,511,363 shares, compared to its average volume of 2,710,475. Vanguard Short-Term Inflation-Protected Securities ETF has a 1-year low of $48.28 and a 1-year high of $50.48. The business’s 50-day simple moving average is $49.47 and its 200-day simple moving average is $49.86.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

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

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.