Vanguard Short-Term Inflation-Protected Securities ETF $VTIP Stock Position Raised by Fifth Third Bancorp

Fifth Third Bancorp lifted its position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 452.9% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 34,660 shares of the company’s stock after buying an additional 28,391 shares during the quarter. Fifth Third Bancorp’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $1,731,000 as of its most recent SEC filing.

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

Vanguard Short-Term Inflation-Protected Securities ETF Trading Down 0.0%

Shares of NASDAQ:VTIP opened at $49.62 on Thursday. Vanguard Short-Term Inflation-Protected Securities ETF has a 1 year low of $49.35 and a 1 year high of $50.81. The firm has a fifty day moving average price of $50.08 and a 200 day moving average price of $49.95.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

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

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.