Money Concepts Capital Corp Invests $3.97 Million in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Money Concepts Capital Corp acquired a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 79,415 shares of the company’s stock, valued at approximately $3,967,000.

Several other institutional investors also recently bought and sold shares of VTIP. Summit Portfolio Management LTD. purchased a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the first quarter worth $10,030,000. CFS Investment Advisory Services LLC increased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 268.3% in the 1st quarter. CFS Investment Advisory Services LLC now owns 31,049 shares of the company’s stock valued at $1,557,000 after acquiring an additional 22,619 shares during the period. First Interstate Bank increased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 10.5% in the 1st quarter. First Interstate Bank now owns 1,520,921 shares of the company’s stock valued at $75,970,000 after acquiring an additional 144,907 shares during the period. Seelaus Asset Management LLC bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 1st quarter worth $610,000. Finally, Efficient Advisors LLC lifted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 3.6% during the 1st quarter. Efficient Advisors LLC now owns 738,954 shares of the company’s stock worth $36,911,000 after purchasing an additional 25,780 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Shares of NASDAQ VTIP opened at $49.66 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a 1-year low of $49.35 and a 1-year high of $50.81. The business has a fifty day moving average price of $50.22 and a 200 day moving average price of $49.94.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were issued a $0.6804 dividend. This is a boost from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.02. This represents a $2.72 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date was Wednesday, July 1st.

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.