130,880 Shares in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP Purchased by Global Wealth Management LLC

Global Wealth Management LLC purchased a new stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 130,880 shares of the company’s stock, valued at approximately $6,537,000. Vanguard Short-Term Inflation-Protected Securities ETF comprises 3.6% of Global Wealth Management LLC’s holdings, making the stock its 10th largest position.

Several other large investors have also recently bought and sold shares of the stock. Ancora Advisors LLC acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the third quarter worth approximately $25,000. Millstone Evans Group LLC boosted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 73.2% during the fourth quarter. Millstone Evans Group LLC now owns 703 shares of the company’s stock worth $35,000 after acquiring an additional 297 shares during the period. Wealth Watch Advisors INC acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter valued at approximately $36,000. Arax Advisory Partners acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter valued at approximately $39,000. Finally, Torren Management LLC acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter valued at approximately $47,000.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Shares of NASDAQ VTIP opened at $50.19 on Monday. The business’s 50 day moving average is $50.30 and its 200-day moving average is $49.95. Vanguard Short-Term Inflation-Protected Securities ETF has a 1-year low of $49.35 and a 1-year high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were issued a $0.0227 dividend. This represents a $0.09 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Wednesday, April 1st.

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.