Trust Co. of Vermont Acquires Shares of 900,431 Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Trust Co. of Vermont acquired a new position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 900,431 shares of the company’s stock, valued at approximately $45,229,000. Vanguard Short-Term Inflation-Protected Securities ETF accounts for about 1.7% of Trust Co. of Vermont’s portfolio, making the stock its 14th largest holding. Trust Co. of Vermont owned about 0.23% of Vanguard Short-Term Inflation-Protected Securities ETF at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of VTIP. Wealthfront Advisers LLC increased its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 396.0% in the 4th quarter. Wealthfront Advisers LLC now owns 3,633,423 shares of the company’s stock valued at $179,709,000 after purchasing an additional 2,900,809 shares in the last quarter. Cambridge Associates LLC MA ADV boosted 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 purchasing an additional 1,950,826 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 22.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 10,366,837 shares of the company’s stock valued at $512,744,000 after purchasing an additional 1,877,940 shares during the period. Russell Investments Group Ltd. acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter valued at approximately $73,135,000. Finally, JPMorgan Chase & Co. increased its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 5.0% in the fourth quarter. JPMorgan Chase & Co. now owns 30,130,365 shares of the company’s stock valued at $1,490,248,000 after buying an additional 1,435,208 shares in the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Down 0.0%

Shares of VTIP stock opened at $49.70 on Tuesday. The stock has a 50 day simple moving average of $49.83 and a 200-day simple moving average of $49.97. 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 business also recently declared a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were issued a $0.6804 dividend. This represents a $2.72 annualized dividend and a yield of 5.5%. The ex-dividend date of this dividend was Wednesday, July 1st. This is a boost from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.02.

Vanguard Short-Term Inflation-Protected Securities ETF Profile

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.