West Financial Advisors LLC Acquires 488,357 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

West Financial Advisors LLC bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 488,357 shares of the company’s stock, valued at approximately $24,037,000. Vanguard Short-Term Inflation-Protected Securities ETF makes up about 3.6% of West Financial Advisors LLC’s holdings, making the stock its 10th biggest position. West Financial Advisors LLC owned about 0.12% of Vanguard Short-Term Inflation-Protected Securities ETF as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. XY Planning Network Inc. grew its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 19.5% during the 2nd quarter. XY Planning Network Inc. now owns 188,498 shares of the company’s stock worth $9,468,000 after purchasing an additional 30,784 shares in the last quarter. Tidal Investments LLC raised its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 882.2% in the second quarter. Tidal Investments LLC now owns 110,008 shares of the company’s stock valued at $5,526,000 after buying an additional 98,808 shares in the last quarter. Independent Financial Group LLC acquired a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the first quarter valued at approximately $1,424,000. NewEdge Advisors LLC boosted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 45.5% in the second quarter. NewEdge Advisors LLC now owns 168,047 shares of the company’s stock valued at $8,441,000 after buying an additional 52,513 shares during the period. Finally, Pasadena Private Wealth LLC bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the first quarter valued at approximately $1,273,000.

Vanguard Short-Term Inflation-Protected Securities ETF Trading Up 0.0%

NASDAQ:VTIP traded up $0.01 during trading hours on Friday, reaching $48.83. 2,332,996 shares of the company were exchanged, compared to its average volume of 2,704,889. The business has a 50 day moving average of $49.22 and a 200 day moving average of $49.76. Vanguard Short-Term Inflation-Protected Securities ETF has a 1-year low of $48.28 and a 1-year 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. Stockholders of record on Thursday, October 1st were issued a dividend of $0.9333 per share. This is an increase from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.6804. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $3.73 annualized dividend and a dividend yield of 7.6%.

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.