Bank of New York Mellon Corp Lowers Stock Holdings in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Bank of New York Mellon Corp reduced its stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 16.6% during the first quarter, Holdings Channel.com reports. The fund owned 799,165 shares of the company’s stock after selling 158,879 shares during the quarter. Bank of New York Mellon Corp’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $39,918,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. NewEdge Advisors LLC raised its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 86.9% during the second quarter. NewEdge Advisors LLC now owns 176,527 shares of the company’s stock valued at $8,874,000 after acquiring an additional 82,056 shares in the last quarter. The Manufacturers Life Insurance Company boosted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 16.3% in the second quarter. The Manufacturers Life Insurance Company now owns 261,182 shares of the company’s stock valued at $13,130,000 after purchasing an additional 36,624 shares during the period. Main Street Financial Solutions LLC grew its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 16.0% in the second quarter. Main Street Financial Solutions LLC now owns 22,056 shares of the company’s stock worth $1,109,000 after purchasing an additional 3,035 shares in the last quarter. Diversify Advisory Services LLC bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the second quarter worth approximately $210,000. Finally, Raymond James Financial Inc. increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 10.8% during the 2nd quarter. Raymond James Financial Inc. now owns 586,133 shares of the company’s stock worth $29,465,000 after purchasing an additional 57,079 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Up 0.0%

Shares of NASDAQ VTIP opened at $49.59 on Friday. The business has a fifty day simple moving average of $50.05 and a two-hundred day simple moving average of $49.95. Vanguard Short-Term Inflation-Protected Securities ETF has a twelve month low of $49.35 and a twelve month high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The company 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 an increase 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 was Wednesday, July 1st.

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.