Friday Financial Buys 23,756 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Friday Financial boosted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 18.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 149,923 shares of the company’s stock after acquiring an additional 23,756 shares during the period. Vanguard Short-Term Inflation-Protected Securities ETF accounts for about 2.0% of Friday Financial’s portfolio, making the stock its 13th biggest position. Friday Financial’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $7,442,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VTIP. Ancora Advisors LLC acquired a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the 3rd quarter worth about $25,000. Geneos Wealth Management Inc. boosted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 62.7% during the first quarter. Geneos Wealth Management Inc. now owns 519 shares of the company’s stock valued at $26,000 after purchasing an additional 200 shares in the last quarter. Sound Income Strategies LLC grew its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 64.7% during the first quarter. Sound Income Strategies LLC now owns 542 shares of the company’s stock worth $27,000 after purchasing an additional 213 shares during the last quarter. NBT Bank N A NY grew its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1,057.1% during the first quarter. NBT Bank N A NY now owns 567 shares of the company’s stock worth $28,000 after purchasing an additional 518 shares during the last quarter. Finally, Ascentis Independent Advisors acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the first quarter valued at approximately $29,000.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Shares of NASDAQ VTIP opened at $49.67 on Monday. The firm has a 50 day moving average price of $49.91 and a two-hundred day moving average price of $49.96. 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 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 given a dividend of $0.6804 per share. 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. The ex-dividend date of this dividend was Wednesday, July 1st.

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.