Klingman & Associates LLC Increases Position in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Klingman & Associates LLC lifted its stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 16.2% during the 1st quarter, Holdings Channel reports. The institutional investor owned 2,425,416 shares of the company’s stock after buying an additional 338,106 shares during the period. Vanguard Short-Term Inflation-Protected Securities ETF makes up approximately 5.8% of Klingman & Associates LLC’s portfolio, making the stock its 2nd biggest holding. Klingman & Associates LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $121,150,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Modern Wealth Management LLC purchased a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the 1st quarter valued at about $2,013,000. Keebeck Wealth Management increased its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 118.0% in the 1st quarter. Keebeck Wealth Management now owns 27,672 shares of the company’s stock worth $1,382,000 after purchasing an additional 14,980 shares during the period. Lido Advisors LLC increased its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 0.9% in the 1st quarter. Lido Advisors LLC now owns 82,492 shares of the company’s stock worth $4,120,000 after purchasing an additional 771 shares during the period. Cetera Investment Advisers lifted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 20.5% in the first quarter. Cetera Investment Advisers now owns 1,092,047 shares of the company’s stock valued at $54,548,000 after purchasing an additional 185,838 shares during the last quarter. Finally, American Investment Services Inc. lifted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 31.0% in the first quarter. American Investment Services Inc. now owns 15,426 shares of the company’s stock valued at $771,000 after purchasing an additional 3,649 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

NASDAQ:VTIP opened at $49.57 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a fifty-two week low of $49.35 and a fifty-two week high of $50.81. The business has a 50 day moving average price of $50.07 and a 200-day moving average price of $49.95.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were issued a dividend of $0.6804 per share. The ex-dividend date was Wednesday, July 1st. This represents a $2.72 dividend on an annualized basis and a yield of 5.5%. This is an increase from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.02.

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.