Brady Martz Wealth Solutions LLC Has $10.91 Million Stake in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Brady Martz Wealth Solutions LLC raised its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 6.4% in the 1st quarter, Holdings Channel reports. The firm owned 218,355 shares of the company’s stock after purchasing an additional 13,116 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF accounts for 1.9% of Brady Martz Wealth Solutions LLC’s investment portfolio, making the stock its 15th largest holding. Brady Martz Wealth Solutions LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $10,907,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Ancora Advisors LLC acquired a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the third quarter valued at about $25,000. Millstone Evans Group LLC lifted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 73.2% in 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 worth approximately $36,000. Arax Advisory Partners bought a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter valued at approximately $39,000. Finally, Torren Management LLC bought a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter valued at approximately $47,000.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

NASDAQ:VTIP opened at $50.19 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 company has a 50 day simple moving average of $50.30 and a two-hundred day simple moving average of $49.95.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

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

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.