Kaufman Rossin Wealth LLC Increases Stock Position in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Kaufman Rossin Wealth LLC increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 40.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 39,174 shares of the company’s stock after buying an additional 11,289 shares during the period. Vanguard Short-Term Inflation-Protected Securities ETF accounts for 1.1% of Kaufman Rossin Wealth LLC’s investment portfolio, making the stock its 16th biggest position. Kaufman Rossin Wealth LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $1,957,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of VTIP. Ocean Park Asset Management LLC bought a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the 1st quarter valued at $7,607,000. Brookstone Capital Management boosted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 45.2% in the first quarter. Brookstone Capital Management now owns 20,850 shares of the company’s stock worth $1,041,000 after acquiring an additional 6,489 shares during the period. Capstone Wealth Management LLC grew its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 9.5% in the first quarter. Capstone Wealth Management LLC now owns 23,343 shares of the company’s stock valued at $1,166,000 after purchasing an additional 2,032 shares in the last quarter. Global Wealth Management LLC purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the first quarter valued at $6,537,000. Finally, JDH Wealth Management LLC raised its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 17.6% during the 1st quarter. JDH Wealth Management LLC now owns 22,548 shares of the company’s stock valued at $1,126,000 after purchasing an additional 3,381 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of VTIP opened at $50.10 on Tuesday. The stock’s 50-day simple moving average is $50.30 and its 200 day simple moving average is $49.95. Vanguard Short-Term Inflation-Protected Securities ETF has a 52-week low of $49.35 and a 52-week high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st were given a dividend of $0.0227 per share. The ex-dividend date was Wednesday, April 1st. This represents a $0.09 annualized dividend and a dividend yield of 0.2%.

Vanguard Short-Term Inflation-Protected Securities ETF 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.