Petra Financial Advisors Inc. Grows Stake in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Petra Financial Advisors Inc. grew its holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 5.1% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 5,267 shares of the company’s stock after acquiring an additional 254 shares during the period. Petra Financial Advisors Inc.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $265,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Advisory Alpha LLC lifted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 26.9% in the second quarter. Advisory Alpha LLC now owns 85,037 shares of the company’s stock worth $4,275,000 after acquiring an additional 18,045 shares during the period. Koss Olinger Consulting LLC lifted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 5.0% in the 2nd quarter. Koss Olinger Consulting LLC now owns 38,608 shares of the company’s stock worth $1,941,000 after purchasing an additional 1,824 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 79.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,082,483 shares of the company’s stock worth $205,226,000 after purchasing an additional 1,805,350 shares during the period. Wealthfront Advisers LLC lifted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 4.0% in the 2nd quarter. Wealthfront Advisers LLC now owns 746,544 shares of the company’s stock worth $37,529,000 after purchasing an additional 28,428 shares during the period. Finally, Oppenheimer Asset Management Inc. lifted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 1.9% in the second quarter. Oppenheimer Asset Management Inc. now owns 28,031 shares of the company’s stock worth $1,409,000 after buying an additional 520 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Shares of VTIP opened at $50.14 on Tuesday. Vanguard Short-Term Inflation-Protected Securities ETF has a one year low of $48.28 and a one year high of $50.81. The company has a 50-day simple moving average of $50.43 and a two-hundred day simple moving average of $50.15.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were paid a $0.6481 dividend. This represents a $2.59 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date was Wednesday, October 1st. This is a boost from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.43.

About Vanguard Short-Term Inflation-Protected Securities ETF

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.