Financial Plan Inc. Raises Holdings in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Financial Plan Inc. increased its stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 14.9% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 680,491 shares of the company’s stock after purchasing an additional 88,107 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF makes up 3.6% of Financial Plan Inc.’s investment portfolio, making the stock its 9th largest holding. Financial Plan Inc. owned approximately 0.20% of Vanguard Short-Term Inflation-Protected Securities ETF worth $33,991,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in VTIP. Trademark Financial Management LLC raised its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 56.5% in the first quarter. Trademark Financial Management LLC now owns 10,860 shares of the company’s stock valued at $542,000 after purchasing an additional 3,920 shares during the period. Sound Income Strategies LLC boosted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 64.7% during the 1st quarter. Sound Income Strategies LLC now owns 542 shares of the company’s stock worth $27,000 after buying an additional 213 shares during the period. Eagle Bay Advisors LLC grew its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 64.0% in the 1st quarter. Eagle Bay Advisors LLC now owns 11,579 shares of the company’s stock valued at $578,000 after buying an additional 4,519 shares during the last quarter. Physician Wealth Advisors Inc. grew its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 10.7% in the 1st quarter. Physician Wealth Advisors Inc. now owns 6,126 shares of the company’s stock valued at $306,000 after buying an additional 592 shares during the last quarter. Finally, Root Financial Partners LLC raised its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 119.8% in the 1st quarter. Root Financial Partners LLC now owns 20,440 shares of the company’s stock worth $1,021,000 after acquiring an additional 11,142 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Vanguard Short-Term Inflation-Protected Securities ETF stock opened at $49.58 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a fifty-two week low of $49.35 and a fifty-two week high of $50.81. The firm has a fifty day moving average price of $50.28 and a two-hundred day moving average price of $49.94.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st will be paid a $0.6804 dividend. The ex-dividend date is Wednesday, July 1st. This is a boost from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.02. This represents a $2.72 dividend on an annualized basis and a dividend yield of 5.5%.

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.