McGrath & Associates Inc. Invests $1.42 Million in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

McGrath & Associates Inc. purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 29,316 shares of the company’s stock, valued at approximately $1,419,000. Vanguard Short-Term Inflation-Protected Securities ETF makes up approximately 2.9% of McGrath & Associates Inc.’s portfolio, making the stock its 14th largest position.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Coastline Trust Co acquired a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 3rd quarter worth about $72,000. International Assets Investment Management LLC increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 820.8% during the 3rd quarter. International Assets Investment Management LLC now owns 1,952 shares of the company’s stock worth $96,000 after purchasing an additional 1,740 shares in the last quarter. CENTRAL TRUST Co raised its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 177.7% in the fourth quarter. CENTRAL TRUST Co now owns 2,458 shares of the company’s stock worth $119,000 after purchasing an additional 1,573 shares during the last quarter. Global Retirement Partners LLC lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 30.6% in the fourth quarter. Global Retirement Partners LLC now owns 3,345 shares of the company’s stock valued at $162,000 after purchasing an additional 784 shares in the last quarter. Finally, Wingate Wealth Advisors Inc. purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the fourth quarter valued at approximately $173,000.

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

Shares of Vanguard Short-Term Inflation-Protected Securities ETF stock opened at $49.27 on Thursday. The stock has a fifty day simple moving average of $48.75 and a 200 day simple moving average of $48.87. Vanguard Short-Term Inflation-Protected Securities ETF has a 12-month low of $47.49 and a 12-month high of $49.41.

Vanguard Short-Term Inflation-Protected Securities ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were paid a $0.529 dividend. The ex-dividend date was Tuesday, December 24th.

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.