Baker Ellis Asset Management LLC Invests $1.50 Million in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Baker Ellis Asset Management LLC purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 30,400 shares of the company’s stock, valued at approximately $1,504,000.

Several other institutional investors have also recently bought and sold shares of the business. Baird Financial Group Inc. lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 147.3% in the second quarter. Baird Financial Group Inc. now owns 70,166 shares of the company’s stock worth $3,527,000 after acquiring an additional 41,790 shares during the last quarter. BCS Private Wealth Management Inc. bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the second quarter worth about $969,000. NewEdge Advisors LLC lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 86.9% in the second quarter. NewEdge Advisors LLC now owns 176,527 shares of the company’s stock worth $8,874,000 after acquiring an additional 82,056 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 16.3% in the second quarter. The Manufacturers Life Insurance Company now owns 261,182 shares of the company’s stock worth $13,130,000 after acquiring an additional 36,624 shares during the last quarter. Finally, Glenview Trust co lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 13.3% in the second quarter. Glenview Trust co now owns 202,268 shares of the company’s stock worth $10,168,000 after acquiring an additional 23,813 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

VTIP stock opened at $50.00 on Thursday. Vanguard Short-Term Inflation-Protected Securities ETF has a 12 month low of $49.27 and a 12 month high of $50.81. The firm has a 50-day moving average price of $49.84 and a 200-day moving average price of $49.90.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

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

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.