Summit Financial LLC Grows Stock Holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Summit Financial LLC boosted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 1.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,510 shares of the company’s stock after buying an additional 239 shares during the quarter. Summit Financial LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $1,090,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. VSM Wealth Advisory LLC acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 4th quarter worth about $47,000. Rialto Wealth Management LLC acquired a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter valued at approximately $58,000. Murphy & Mullick Capital Management Corp purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter valued at approximately $67,000. Smartleaf Asset Management LLC increased its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 18.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,525 shares of the company’s stock valued at $74,000 after purchasing an additional 235 shares during the last quarter. Finally, Cape Investment Advisory Inc. raised its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 20.6% during the fourth quarter. Cape Investment Advisory Inc. now owns 2,123 shares of the company’s stock worth $103,000 after purchasing an additional 363 shares in the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Shares of NASDAQ:VTIP opened at $49.81 on Wednesday. The firm has a 50 day simple moving average of $49.23 and a 200-day simple moving average of $48.99. Vanguard Short-Term Inflation-Protected Securities ETF has a twelve month low of $47.71 and a twelve month high of $50.19.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st will be paid a $0.0978 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $0.39 annualized dividend and a yield of 0.79%.

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.