Beacon Capital Management Inc. Has $43.61 Million Position in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Beacon Capital Management Inc. cut its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 29.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 861,381 shares of the company’s stock after selling 362,185 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF accounts for 2.1% of Beacon Capital Management Inc.’s portfolio, making the stock its 17th biggest holding. Beacon Capital Management Inc. owned approximately 0.27% of Vanguard Short-Term Inflation-Protected Securities ETF worth $43,612,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VTIP. Madden Advisory Services Inc. grew its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 2.9% during the 2nd quarter. Madden Advisory Services Inc. now owns 8,227 shares of the company’s stock worth $414,000 after purchasing an additional 234 shares in the last quarter. Soltis Investment Advisors LLC lifted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 5.3% in the second quarter. Soltis Investment Advisors LLC now owns 4,698 shares of the company’s stock worth $236,000 after purchasing an additional 237 shares during the period. Petra Financial Advisors Inc. boosted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 5.1% during the second quarter. Petra Financial Advisors Inc. now owns 5,267 shares of the company’s stock worth $265,000 after buying an additional 254 shares in the last quarter. Signature Estate & Investment Advisors LLC boosted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 1.3% during the second quarter. Signature Estate & Investment Advisors LLC now owns 21,906 shares of the company’s stock worth $1,101,000 after buying an additional 275 shares in the last quarter. Finally, SteelPeak Wealth LLC increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 1.8% in the 2nd quarter. SteelPeak Wealth LLC now owns 17,540 shares of the company’s stock valued at $882,000 after buying an additional 312 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Up 0.0%

NASDAQ:VTIP opened at $49.44 on Friday. The company has a 50-day moving average of $50.01 and a 200-day moving average of $50.17. Vanguard Short-Term Inflation-Protected Securities ETF has a 52 week low of $48.33 and a 52 week high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were paid a $0.6481 dividend. The ex-dividend date was Wednesday, October 1st. This represents a $2.59 annualized dividend and a dividend yield of 5.2%. This is an increase from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.43.

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.