M&T Bank Corp Purchases New Position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

M&T Bank Corp acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 9,575 shares of the company’s stock, valued at approximately $472,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of VTIP. Fairway Wealth LLC raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 178.3% during the 3rd quarter. Fairway Wealth LLC now owns 1,072,940 shares of the company’s stock valued at $52,907,000 after buying an additional 687,353 shares during the period. New York Life Investment Management LLC raised its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 409.4% during the second quarter. New York Life Investment Management LLC now owns 788,855 shares of the company’s stock valued at $38,291,000 after purchasing an additional 633,996 shares during the period. Savant Capital LLC raised its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 46.2% during the second quarter. Savant Capital LLC now owns 1,069,441 shares of the company’s stock valued at $51,911,000 after purchasing an additional 337,701 shares during the period. Valmark Advisers Inc. lifted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 4.6% during the second quarter. Valmark Advisers Inc. now owns 5,625,098 shares of the company’s stock worth $273,042,000 after purchasing an additional 248,393 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 38.7% in the second quarter. Renaissance Technologies LLC now owns 832,200 shares of the company’s stock valued at $40,395,000 after purchasing an additional 232,006 shares during the period.

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

Vanguard Short-Term Inflation-Protected Securities ETF stock opened at $48.95 on Wednesday. Vanguard Short-Term Inflation-Protected Securities ETF has a 12-month low of $47.37 and a 12-month high of $49.41. The firm’s fifty day moving average price is $48.90 and its 200 day moving average price is $48.73.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Tuesday, October 1st were given a dividend of $0.308 per share. This represents a $1.23 dividend on an annualized basis and a dividend yield of 2.52%. The ex-dividend date was Tuesday, October 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.