JMG Financial Group Ltd. Grows Position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

JMG Financial Group Ltd. boosted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 22.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 79,310 shares of the company’s stock after buying an additional 14,393 shares during the period. JMG Financial Group Ltd.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $3,766,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of VTIP. Baker Avenue Asset Management LP acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the 3rd quarter valued at $27,000. Blue Trust Inc. increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 175.1% in the fourth quarter. Blue Trust Inc. now owns 674 shares of the company’s stock valued at $32,000 after purchasing an additional 429 shares during the period. ORG Partners LLC grew its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 151.9% in the 4th quarter. ORG Partners LLC now owns 680 shares of the company’s stock valued at $33,000 after buying an additional 410 shares during the period. Financial Gravity Asset Management Inc. lifted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1,927.7% during the 3rd quarter. Financial Gravity Asset Management Inc. now owns 953 shares of the company’s stock worth $45,000 after buying an additional 906 shares in the last quarter. Finally, Parkside Financial Bank & Trust purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the 4th quarter valued at approximately $70,000.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Down 0.1 %

Shares of VTIP stock traded down $0.06 on Thursday, hitting $47.79. 27,711 shares of the stock traded hands, compared to its average volume of 1,260,239. The firm has a 50 day simple moving average of $47.74 and a two-hundred day simple moving average of $47.56. Vanguard Short-Term Inflation-Protected Securities ETF has a 52 week low of $46.70 and a 52 week high of $48.17.

Vanguard Short-Term Inflation-Protected Securities ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were given a dividend of $0.0267 per share. This represents a $0.11 annualized dividend and a yield of 0.22%. The ex-dividend date of this dividend was Monday, April 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.