Vanguard Short-Term Inflation-Protected Securities ETF $VTIP Shares Bought by Keebeck Wealth Management

Keebeck Wealth Management raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 118.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 27,672 shares of the company’s stock after buying an additional 14,980 shares during the quarter. Keebeck Wealth Management’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $1,382,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Fischer Financial Services Inc. grew its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1.2% in the first quarter. Fischer Financial Services Inc. now owns 17,390 shares of the company’s stock valued at $869,000 after purchasing an additional 200 shares during the period. Geneos Wealth Management Inc. raised 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 purchasing an additional 200 shares during the period. Meridian Wealth Management LLC raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 1.4% during the fourth quarter. Meridian Wealth Management LLC now owns 15,640 shares of the company’s stock worth $774,000 after purchasing an additional 212 shares during the period. Sound Income Strategies LLC boosted its holdings in 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 valued at $27,000 after purchasing an additional 213 shares during the last quarter. Finally, eCIO Inc. grew its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 4.4% in the 4th quarter. eCIO Inc. now owns 5,123 shares of the company’s stock valued at $253,000 after buying an additional 218 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Shares of NASDAQ VTIP opened at $49.57 on Friday. The company has a 50 day simple moving average of $50.07 and a 200-day simple moving average of $49.95. Vanguard Short-Term Inflation-Protected Securities ETF has a 1 year low of $49.35 and a 1 year high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were given 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.