First Interstate Bank Acquires 144,907 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

First Interstate Bank increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 10.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,520,921 shares of the company’s stock after purchasing an additional 144,907 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF accounts for 4.3% of First Interstate Bank’s holdings, making the stock its 9th biggest position. First Interstate Bank owned about 0.44% of Vanguard Short-Term Inflation-Protected Securities ETF worth $75,970,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Ancora Advisors LLC bought a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the third quarter worth approximately $25,000. Sound Income Strategies LLC increased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 64.7% in the first quarter. Sound Income Strategies LLC now owns 542 shares of the company’s stock valued at $27,000 after buying an additional 213 shares in the last quarter. NBT Bank N A NY increased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1,057.1% in the first quarter. NBT Bank N A NY now owns 567 shares of the company’s stock valued at $28,000 after buying an additional 518 shares in the last quarter. Ascentis Independent Advisors acquired a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 1st quarter valued at $29,000. Finally, Millstone Evans Group LLC lifted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 73.2% during the 4th quarter. Millstone Evans Group LLC now owns 703 shares of the company’s stock valued at $35,000 after acquiring an additional 297 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

VTIP opened at $49.65 on Thursday. The business has a fifty day simple moving average of $50.23 and a 200-day simple moving average of $49.94. 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.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.6804 per share. This is a positive change from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.02. This represents a $2.72 annualized dividend and a dividend yield of 5.5%. The ex-dividend date of this dividend was Wednesday, July 1st.

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.