Legacy Wealth Asset Management LLC Purchases New Stake in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Legacy Wealth Asset Management LLC purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 30,763 shares of the company’s stock, valued at approximately $1,514,000.

Several other large investors have also bought and sold shares of VTIP. Prosperity Planning Inc. raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 7.3% during the third quarter. Prosperity Planning Inc. now owns 412,206 shares of the company’s stock valued at $20,289,000 after purchasing an additional 27,888 shares during the last quarter. First Heartland Consultants Inc. grew its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1.9% in the third quarter. First Heartland Consultants Inc. now owns 22,047 shares of the company’s stock worth $1,085,000 after acquiring an additional 404 shares during the period. Conrad Siegel Investment Advisors Inc. increased its position in Vanguard Short-Term Inflation-Protected Securities ETF by 3.4% during the third quarter. Conrad Siegel Investment Advisors Inc. now owns 57,324 shares of the company’s stock valued at $2,822,000 after acquiring an additional 1,884 shares during the last quarter. Farther Finance Advisors LLC increased its position in Vanguard Short-Term Inflation-Protected Securities ETF by 6.3% during the third quarter. Farther Finance Advisors LLC now owns 388,184 shares of the company’s stock valued at $19,106,000 after acquiring an additional 23,112 shares during the last quarter. Finally, Brighton Securities CORP. lifted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 4.1% in the third quarter. Brighton Securities CORP. now owns 29,762 shares of the company’s stock valued at $1,465,000 after acquiring an additional 1,161 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

VTIP stock opened at $48.49 on Friday. The business’s 50-day moving average is $49.45 and its two-hundred day moving average is $49.85. 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 firm also recently disclosed a quarterly dividend, which was paid on Monday, October 5th. Stockholders of record on Thursday, October 1st were paid a $0.9333 dividend. This is a boost from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.6804. The ex-dividend date was Thursday, October 1st. This represents a $3.73 annualized dividend and a dividend yield of 7.7%.

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.