Beacon Capital Management Inc. Has $43.61 Million Stake in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Beacon Capital Management Inc. lowered its stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 29.6% in the third quarter, HoldingsChannel.com reports. The firm owned 861,381 shares of the company’s stock after selling 362,185 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF comprises 2.1% of Beacon Capital Management Inc.’s investment portfolio, making the stock its 17th largest position. Beacon Capital Management Inc.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $43,612,000 at the end of the most recent quarter.

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

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of NASDAQ:VTIP opened at $49.44 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a 1-year low of $48.33 and a 1-year high of $50.81. The business has a 50-day moving average price of $50.01 and a two-hundred day moving average price of $50.17.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st were given a dividend of $0.6481 per share. This represents a $2.59 annualized dividend and a dividend yield of 5.2%. The ex-dividend date was Wednesday, October 1st. 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.