10,959 Shares in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) Purchased by Signature Estate & Investment Advisors LLC

Signature Estate & Investment Advisors LLC bought a new stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) in the 2nd quarter, Holdings Channel reports. The institutional investor bought 10,959 shares of the company’s stock, valued at approximately $532,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in VTIP. Arbor Investment Advisors LLC raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 0.5% during the first quarter. Arbor Investment Advisors LLC now owns 46,038 shares of the company’s stock valued at $2,205,000 after purchasing an additional 240 shares in the last quarter. Mckinley Capital Management LLC raised its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 1.5% during the 4th quarter. Mckinley Capital Management LLC now owns 16,608 shares of the company’s stock worth $789,000 after purchasing an additional 243 shares during the last quarter. N.E.W. Advisory Services LLC lifted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 2.3% in the 4th quarter. N.E.W. Advisory Services LLC now owns 11,379 shares of the company’s stock worth $540,000 after purchasing an additional 253 shares during the period. Versant Capital Management Inc boosted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 11.6% in the 1st quarter. Versant Capital Management Inc now owns 2,456 shares of the company’s stock valued at $118,000 after purchasing an additional 256 shares during the last quarter. Finally, Kovack Advisors Inc. increased its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 2.9% during the fourth quarter. Kovack Advisors Inc. now owns 9,200 shares of the company’s stock worth $437,000 after buying an additional 257 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

VTIP stock opened at $48.87 on Wednesday. The company’s fifty day simple moving average is $48.46 and its 200 day simple moving average is $48.10. Vanguard Short-Term Inflation-Protected Securities ETF has a 12-month low of $46.70 and a 12-month high of $48.91.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 3rd. Investors of record on Monday, July 1st were given a dividend of $0.444 per share. This is a positive change from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.03. The ex-dividend date was Monday, July 1st. This represents a $1.78 annualized dividend and a dividend yield of 3.63%.

About Vanguard Short-Term Inflation-Protected Securities ETF

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.