Assetmark Inc. Has $47.79 Million Stock Holdings in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Assetmark Inc. trimmed its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 6.9% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 956,747 shares of the company’s stock after selling 70,841 shares during the quarter. Assetmark Inc. owned about 0.28% of Vanguard Short-Term Inflation-Protected Securities ETF worth $47,790,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of VTIP. AXS Investments LLC lifted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 53.2% during the first quarter. AXS Investments LLC now owns 48,191 shares of the company’s stock worth $2,407,000 after purchasing an additional 16,725 shares during the period. Goodman Financial Corp acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 1st quarter valued at approximately $14,050,000. SteelPeak Wealth LLC raised its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 18.4% in the 1st quarter. SteelPeak Wealth LLC now owns 21,341 shares of the company’s stock valued at $1,066,000 after buying an additional 3,313 shares in the last quarter. Independent Financial Group LLC bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 1st quarter worth approximately $1,424,000. Finally, Wealthfront Advisers LLC lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 33.6% during the 1st quarter. Wealthfront Advisers LLC now owns 4,855,031 shares of the company’s stock worth $242,509,000 after acquiring an additional 1,221,608 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

NASDAQ VTIP opened at $49.70 on Friday. The business has a fifty day moving average price of $50.13 and a two-hundred day moving average price 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 $0.6804 dividend. This represents a $2.72 dividend on an annualized basis and a dividend yield of 5.5%. This is an increase from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend 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.