Arkadios Wealth Advisors Purchases 74,478 Shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Arkadios Wealth Advisors boosted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 699.8% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 85,121 shares of the company’s stock after buying an additional 74,478 shares during the period. Arkadios Wealth Advisors’ holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $4,248,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. BIP Wealth LLC increased its position in Vanguard Short-Term Inflation-Protected Securities ETF by 1.5% during the 1st quarter. BIP Wealth LLC now owns 13,755 shares of the company’s stock valued at $686,000 after buying an additional 201 shares in the last quarter. Denali Advisors LLC increased its position in Vanguard Short-Term Inflation-Protected Securities ETF by 2.3% during the 1st quarter. Denali Advisors LLC now owns 9,751 shares of the company’s stock valued at $487,000 after buying an additional 220 shares in the last quarter. Summit Financial LLC increased its position in Vanguard Short-Term Inflation-Protected Securities ETF by 1.1% during the 4th 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 in the last quarter. Lowe Wealth Advisors LLC increased its position in Vanguard Short-Term Inflation-Protected Securities ETF by 67.8% during the 1st quarter. Lowe Wealth Advisors LLC now owns 619 shares of the company’s stock valued at $31,000 after buying an additional 250 shares in the last quarter. Finally, Rialto Wealth Management LLC increased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 21.0% in the 1st quarter. Rialto Wealth Management LLC now owns 1,439 shares of the company’s stock worth $72,000 after purchasing an additional 250 shares in the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Vanguard Short-Term Inflation-Protected Securities ETF stock opened at $50.06 on Thursday. The stock has a fifty day simple moving average of $50.00 and a two-hundred day simple moving average of $49.64. 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 company 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. This is an increase from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.10. This represents a $1.70 dividend on an annualized basis and a dividend yield of 3.40%. The ex-dividend date of this dividend was Tuesday, July 1st.

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.