Gateway Wealth Partners LLC Acquires 22,514 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Gateway Wealth Partners LLC lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 221.4% during the first quarter, Holdings Channel.com reports. The firm owned 32,684 shares of the company’s stock after acquiring an additional 22,514 shares during the quarter. Gateway Wealth Partners LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $1,633,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Fischer Financial Services Inc. raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 1.2% during the 1st quarter. Fischer Financial Services Inc. now owns 17,390 shares of the company’s stock worth $869,000 after purchasing an additional 200 shares during the last quarter. Geneos Wealth Management Inc. grew its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 62.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 519 shares of the company’s stock valued at $26,000 after buying an additional 200 shares during the last quarter. Meridian Wealth Management LLC grew its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1.4% in the 4th quarter. Meridian Wealth Management LLC now owns 15,640 shares of the company’s stock valued at $774,000 after buying an additional 212 shares during the last quarter. Sound Income Strategies LLC increased its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 64.7% in the first quarter. Sound Income Strategies LLC now owns 542 shares of the company’s stock valued at $27,000 after buying an additional 213 shares during the period. Finally, eCIO Inc. increased its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 4.4% in the fourth quarter. eCIO Inc. now owns 5,123 shares of the company’s stock valued at $253,000 after buying an additional 218 shares during the period.

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

Vanguard Short-Term Inflation-Protected Securities ETF stock opened at $49.57 on Wednesday. The stock’s 50 day moving average is $50.02 and its 200 day moving average is $49.95. Vanguard Short-Term Inflation-Protected Securities ETF has a one year low of $49.35 and a one year high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

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

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.