HBE Wealth Management LLC Purchases New Stake in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

HBE Wealth Management LLC acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 169,652 shares of the company’s stock, valued at approximately $8,391,000. Vanguard Short-Term Inflation-Protected Securities ETF makes up 7.9% of HBE Wealth Management LLC’s portfolio, making the stock its 5th largest holding.

Other institutional investors have also modified their holdings of the company. Alaska Wealth Advisors lifted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 8.1% during the third quarter. Alaska Wealth Advisors now owns 255,335 shares of the company’s stock worth $12,928,000 after purchasing an additional 19,151 shares during the last quarter. Gradient Capital Advisors LLC boosted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 10.3% in the third quarter. Gradient Capital Advisors LLC now owns 154,502 shares of the company’s stock worth $7,822,000 after purchasing an additional 14,433 shares during the period. Gilbert Capital Group Inc. bought a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the second quarter valued at $2,152,000. Jones Financial Companies Lllp raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 33.4% during the third quarter. Jones Financial Companies Lllp now owns 47,244 shares of the company’s stock worth $2,392,000 after purchasing an additional 11,837 shares during the period. Finally, Carnegie Investment Counsel lifted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 7.9% in the 3rd quarter. Carnegie Investment Counsel now owns 283,931 shares of the company’s stock worth $14,375,000 after buying an additional 20,714 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

NASDAQ VTIP opened at $49.99 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a one year low of $49.27 and a one year high of $50.81. The company has a 50-day simple moving average of $49.81 and a 200-day simple moving average of $49.92.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st will be paid a $0.0227 dividend. This represents a $0.09 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Wednesday, April 1st.

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.