Gilbert Capital Group Inc. Purchases Shares of 42,817 Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Gilbert Capital Group Inc. acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) in the second quarter, Holdings Channel reports. The institutional investor acquired 42,817 shares of the company’s stock, valued at approximately $2,152,000. Vanguard Short-Term Inflation-Protected Securities ETF comprises about 1.8% of Gilbert Capital Group Inc.’s portfolio, making the stock its 15th biggest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VTIP. Parkworth Wealth Management Inc. boosted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 2,296.0% in the second quarter. Parkworth Wealth Management Inc. now owns 599 shares of the company’s stock valued at $30,000 after acquiring an additional 574 shares during the last quarter. First Pacific Financial acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 2nd quarter worth approximately $33,000. TFC Financial Management Inc. bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 2nd quarter valued at $34,000. Cullen Frost Bankers Inc. boosted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 77.6% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 783 shares of the company’s stock valued at $39,000 after purchasing an additional 342 shares during the last quarter. Finally, ORG Partners LLC bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the second quarter worth $42,000.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

VTIP stock opened at $50.12 on Monday. Vanguard Short-Term Inflation-Protected Securities ETF has a 12-month low of $48.28 and a 12-month high of $50.81. The company’s fifty day simple moving average is $50.10 and its 200 day simple moving average is $50.20.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were paid a $0.6481 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a $2.59 dividend on an annualized basis and a dividend yield of 5.2%. This is a positive change from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.43.

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.