Schwallier Wealth Management LLC Boosts Stock Holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Schwallier Wealth Management LLC grew its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 4.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 68,700 shares of the company’s stock after buying an additional 2,911 shares during the period. Vanguard Short-Term Inflation-Protected Securities ETF accounts for approximately 2.4% of Schwallier Wealth Management LLC’s holdings, making the stock its 11th biggest holding. Schwallier Wealth Management LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $3,388,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in VTIP. AMG National Trust Bank grew its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 2.3% during the 3rd quarter. AMG National Trust Bank now owns 260,899 shares of the company’s stock worth $12,865,000 after purchasing an additional 5,831 shares during the period. Veery Capital LLC raised its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 4.8% in the third quarter. Veery Capital LLC now owns 45,112 shares of the company’s stock valued at $2,224,000 after buying an additional 2,080 shares during the period. Squire Investment Management Company LLC lifted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 24.5% during the third quarter. Squire Investment Management Company LLC now owns 63,636 shares of the company’s stock valued at $3,138,000 after buying an additional 12,510 shares in the last quarter. Coastline Trust Co purchased a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the third quarter worth approximately $72,000. Finally, Connable Office Inc. increased its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 129.0% in the third quarter. Connable Office Inc. now owns 128,496 shares of the company’s stock worth $6,336,000 after acquiring an additional 72,373 shares in the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of VTIP stock opened at $48.85 on Tuesday. The company’s fifty day simple moving average is $48.97 and its 200-day simple moving average is $48.60. Vanguard Short-Term Inflation-Protected Securities ETF has a 52 week low of $47.37 and a 52 week high of $49.41.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were paid a dividend of $0.308 per share. This represents a $1.23 dividend on an annualized basis and a dividend yield of 2.52%. 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.