Beacon Pointe Advisors LLC Has $330,000 Stock Position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Beacon Pointe Advisors LLC raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 8.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 6,822 shares of the company’s stock after buying an additional 523 shares during the quarter. Beacon Pointe Advisors LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $330,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. VSM Wealth Advisory LLC acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the fourth quarter worth about $47,000. Rialto Wealth Management LLC acquired a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 4th quarter valued at about $58,000. Murphy & Mullick Capital Management Corp bought a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter valued at about $67,000. Smartleaf Asset Management LLC raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 18.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,525 shares of the company’s stock worth $74,000 after purchasing an additional 235 shares in the last quarter. Finally, Transce3nd LLC bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the fourth quarter worth about $97,000.

Vanguard Short-Term Inflation-Protected Securities ETF Trading Down 0.3 %

VTIP stock opened at $49.96 on Monday. Vanguard Short-Term Inflation-Protected Securities ETF has a 1-year low of $47.98 and a 1-year high of $50.29. The business’s 50 day moving average is $49.69 and its 200-day moving average is $49.12.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were given a $0.0978 dividend. This represents a $0.39 dividend on an annualized basis and a yield of 0.78%. The ex-dividend date was Tuesday, April 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.