Benningfield Financial Advisors LLC Has $21.15 Million Stake in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Benningfield Financial Advisors LLC lifted its stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 6.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 423,463 shares of the company’s stock after purchasing an additional 25,134 shares during the period. Vanguard Short-Term Inflation-Protected Securities ETF accounts for about 16.7% of Benningfield Financial Advisors LLC’s investment portfolio, making the stock its 2nd biggest holding. Benningfield Financial Advisors LLC owned about 0.12% of Vanguard Short-Term Inflation-Protected Securities ETF worth $21,152,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently modified their holdings of the stock. JPMorgan Chase & Co. raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 5.0% in the fourth quarter. JPMorgan Chase & Co. now owns 30,130,365 shares of the company’s stock worth $1,490,248,000 after buying an additional 1,435,208 shares in the last quarter. LPL Financial LLC boosted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 6.0% during the 4th quarter. LPL Financial LLC now owns 18,490,336 shares of the company’s stock valued at $914,532,000 after acquiring an additional 1,039,578 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 22.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 10,366,837 shares of the company’s stock valued at $512,744,000 after acquiring an additional 1,877,940 shares in the last quarter. Valmark Advisers Inc. grew its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 5.3% during the 1st quarter. Valmark Advisers Inc. now owns 7,073,953 shares of the company’s stock worth $353,344,000 after acquiring an additional 357,681 shares during the period. Finally, Cambridge Associates LLC MA ADV grew its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 39.4% during the 4th quarter. Cambridge Associates LLC MA ADV now owns 6,908,129 shares of the company’s stock worth $341,676,000 after acquiring an additional 1,950,826 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of NASDAQ:VTIP opened at $49.70 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a 52-week low of $49.35 and a 52-week high of $50.81. The stock has a 50 day moving average price of $50.13 and a 200-day moving average price of $49.94.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

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

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.