Benningfield Financial Advisors LLC Has $19.70 Million Stock Position in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Benningfield Financial Advisors LLC increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 3.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 398,329 shares of the company’s stock after acquiring an additional 12,803 shares during the period. Vanguard Short-Term Inflation-Protected Securities ETF comprises approximately 15.4% of Benningfield Financial Advisors LLC’s portfolio, making the stock its 2nd biggest holding. Benningfield Financial Advisors LLC owned about 0.11% of Vanguard Short-Term Inflation-Protected Securities ETF worth $19,701,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of VTIP. Ancora Advisors LLC bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the third quarter valued at about $25,000. Westfuller Advisors LLC purchased a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the third quarter worth about $26,000. Cornerstone Planning Group LLC increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 330.8% during the third quarter. Cornerstone Planning Group LLC now owns 504 shares of the company’s stock worth $26,000 after buying an additional 387 shares during the last quarter. TD Waterhouse Canada Inc. increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 583.3% during the third quarter. TD Waterhouse Canada Inc. now owns 738 shares of the company’s stock worth $37,000 after buying an additional 630 shares during the last quarter. Finally, Cullen Frost Bankers Inc. increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 37.0% during the third quarter. Cullen Frost Bankers Inc. now owns 1,073 shares of the company’s stock worth $54,000 after buying an additional 290 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

NASDAQ VTIP opened at $50.14 on Wednesday. Vanguard Short-Term Inflation-Protected Securities ETF has a 52-week low of $49.35 and a 52-week high of $50.81. The company has a 50-day simple moving average of $49.92 and a 200 day simple moving average of $49.88.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were issued a dividend of $0.0227 per share. This represents a $0.09 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was 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.