Friday Financial Has $7.44 Million Holdings in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Friday Financial grew its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 18.8% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 149,923 shares of the company’s stock after buying an additional 23,756 shares during the period. Vanguard Short-Term Inflation-Protected Securities ETF makes up 2.0% of Friday Financial’s investment portfolio, making the stock its 13th largest holding. Friday Financial’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $7,442,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of VTIP. Ancora Advisors LLC bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 3rd quarter valued at $25,000. Geneos Wealth Management Inc. boosted 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 acquiring an additional 200 shares in the last quarter. Sound Income Strategies LLC boosted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 64.7% during the first quarter. Sound Income Strategies LLC now owns 542 shares of the company’s stock worth $27,000 after acquiring an additional 213 shares in the last quarter. NBT Bank N A NY grew its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 1,057.1% in the first quarter. NBT Bank N A NY now owns 567 shares of the company’s stock worth $28,000 after purchasing an additional 518 shares during the period. Finally, Ascentis Independent Advisors acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the first quarter worth $29,000.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

VTIP opened at $49.67 on Monday. The company has a fifty day moving average price of $49.91 and a two-hundred day moving average price of $49.96. 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 company also recently announced a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were paid a $0.6804 dividend. The ex-dividend date was Wednesday, July 1st. This represents a $2.72 annualized dividend and a dividend yield of 5.5%. This is a boost from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.02.

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.