Aegis Wealth Management LLC Grows Position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Aegis Wealth Management LLC increased its position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 6.6% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 35,301 shares of the company’s stock after purchasing an additional 2,175 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF makes up about 1.0% of Aegis Wealth Management LLC’s investment portfolio, making the stock its 29th largest holding. Aegis Wealth Management LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $1,762,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in VTIP. BIP Wealth LLC raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 1.5% during the first quarter. BIP Wealth LLC now owns 13,755 shares of the company’s stock valued at $686,000 after buying an additional 201 shares during the last quarter. Denali Advisors LLC raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 2.3% during the first quarter. Denali Advisors LLC now owns 9,751 shares of the company’s stock valued at $487,000 after buying an additional 220 shares during the last quarter. Summit Financial LLC raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 1.1% during the fourth quarter. Summit Financial LLC now owns 22,510 shares of the company’s stock valued at $1,090,000 after buying an additional 239 shares during the last quarter. Lowe Wealth Advisors LLC raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 67.8% during the first quarter. Lowe Wealth Advisors LLC now owns 619 shares of the company’s stock valued at $31,000 after buying an additional 250 shares during the last quarter. Finally, Rialto Wealth Management LLC raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 21.0% during the first quarter. Rialto Wealth Management LLC now owns 1,439 shares of the company’s stock valued at $72,000 after buying an additional 250 shares during the last quarter.

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

Shares of NASDAQ:VTIP opened at $50.11 on Wednesday. The stock has a fifty day simple moving average of $49.99 and a two-hundred day simple moving average of $49.63. Vanguard Short-Term Inflation-Protected Securities ETF has a 12-month low of $48.28 and a 12-month high of $50.30.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 3rd. Stockholders of record on Tuesday, July 1st were paid a $0.426 dividend. The ex-dividend date of this dividend was Tuesday, July 1st. This represents a $1.70 annualized dividend and a dividend yield of 3.40%. This is a boost from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.10.

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.