Madden Advisory Services Inc. Boosts Stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Madden Advisory Services Inc. raised its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 15.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,270 shares of the company’s stock after buying an additional 966 shares during the quarter. Madden Advisory Services Inc.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $358,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in VTIP. ORG Partners LLC purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the second quarter valued at $27,000. Blair William & Co. IL grew its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 4.5% in the 1st quarter. Blair William & Co. IL now owns 14,547 shares of the company’s stock worth $697,000 after buying an additional 622 shares in the last quarter. Dravo Bay LLC increased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 13.4% in the 2nd quarter. Dravo Bay LLC now owns 62,103 shares of the company’s stock worth $3,014,000 after buying an additional 7,336 shares during the last quarter. Fortune Financial Advisors LLC raised its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 8.4% during the 2nd quarter. Fortune Financial Advisors LLC now owns 41,129 shares of the company’s stock valued at $1,996,000 after buying an additional 3,192 shares in the last quarter. Finally, Comerica Bank lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 12.0% in the 1st quarter. Comerica Bank now owns 64,240 shares of the company’s stock valued at $3,076,000 after acquiring an additional 6,907 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

VTIP opened at $48.72 on Tuesday. The stock has a 50-day moving average of $48.98 and a 200 day moving average of $48.54. Vanguard Short-Term Inflation-Protected Securities ETF has a 12 month low of $47.17 and a 12 month high of $49.41.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were given a dividend of $0.308 per share. This represents a $1.23 dividend on an annualized basis and a yield of 2.53%. The ex-dividend date was Tuesday, October 1st.

Vanguard Short-Term Inflation-Protected Securities ETF Company 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.