Webster Bank N. A. Has $3.88 Million Stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Webster Bank N. A. decreased its position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 3.9% in the first quarter, HoldingsChannel reports. The firm owned 80,928 shares of the company’s stock after selling 3,288 shares during the period. Webster Bank N. A.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $3,876,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. IFG Advisory LLC lifted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 5.0% in the 4th quarter. IFG Advisory LLC now owns 4,720 shares of the company’s stock valued at $224,000 after purchasing an additional 223 shares during the last quarter. Mckinley Capital Management LLC lifted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 1.5% during the 4th quarter. Mckinley Capital Management LLC now owns 16,608 shares of the company’s stock worth $789,000 after acquiring an additional 243 shares during the last quarter. N.E.W. Advisory Services LLC lifted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 2.3% during the 4th quarter. N.E.W. Advisory Services LLC now owns 11,379 shares of the company’s stock worth $540,000 after acquiring an additional 253 shares during the last quarter. Center For Asset Management LLC lifted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 1.6% during the 4th quarter. Center For Asset Management LLC now owns 16,204 shares of the company’s stock worth $770,000 after acquiring an additional 254 shares during the last quarter. Finally, Versant Capital Management Inc lifted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 11.6% during the 1st quarter. Versant Capital Management Inc now owns 2,456 shares of the company’s stock worth $118,000 after acquiring an additional 256 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Up 0.1 %

Vanguard Short-Term Inflation-Protected Securities ETF stock traded up $0.03 on Friday, reaching $48.54. 625,384 shares of the stock were exchanged, compared to its average volume of 1,098,535. Vanguard Short-Term Inflation-Protected Securities ETF has a twelve month low of $46.70 and a twelve month high of $48.60. The firm has a fifty day moving average price of $48.18 and a two-hundred day moving average price of $47.84.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 3rd. Investors of record on Monday, July 1st will be paid a $0.444 dividend. The ex-dividend date of this dividend is Monday, July 1st. This represents a $1.78 dividend on an annualized basis and a yield of 3.66%. This is a boost from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.03.

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.