Strategic Planning Group LLC Purchases 408,580 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Strategic Planning Group LLC acquired a new position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 408,580 shares of the company’s stock, valued at approximately $20,110,000. Vanguard Short-Term Inflation-Protected Securities ETF accounts for approximately 2.1% of Strategic Planning Group LLC’s portfolio, making the stock its 20th largest holding.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Valmark Advisers Inc. boosted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 5.3% during the first quarter. Valmark Advisers Inc. now owns 7,073,953 shares of the company’s stock worth $353,344,000 after buying an additional 357,681 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 5.1% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 4,890,809 shares of the company’s stock worth $244,296,000 after acquiring an additional 237,357 shares during the period. Wealthfront Advisers LLC grew its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 33.6% in the first quarter. Wealthfront Advisers LLC now owns 4,855,031 shares of the company’s stock worth $242,509,000 after purchasing an additional 1,221,608 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 0.5% in the second quarter. Envestnet Asset Management Inc. now owns 4,345,770 shares of the company’s stock worth $218,279,000 after purchasing an additional 20,953 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 2.7% during the first quarter. Bank of America Corp DE now owns 3,797,614 shares of the company’s stock valued at $189,691,000 after purchasing an additional 100,783 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Shares of NASDAQ VTIP opened at $48.82 on Friday. The firm’s 50-day simple moving average is $49.23 and its 200 day simple moving average is $49.76. Vanguard Short-Term Inflation-Protected Securities ETF has a fifty-two week low of $48.28 and a fifty-two week high of $50.48.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The business also recently announced 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 represents a $3.73 annualized dividend and a yield of 7.6%. The ex-dividend date of this dividend was Thursday, October 1st. This is a positive change from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.6804.

Vanguard Short-Term Inflation-Protected Securities ETF Company 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.