Financial Plan Inc. Buys Shares of 592,384 Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Financial Plan Inc. acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 592,384 shares of the company’s stock, valued at approximately $29,299,000. Vanguard Short-Term Inflation-Protected Securities ETF comprises about 3.4% of Financial Plan Inc.’s investment portfolio, making the stock its 9th biggest position. Financial Plan Inc. owned about 0.17% of Vanguard Short-Term Inflation-Protected Securities ETF as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in VTIP. Ancora Advisors LLC acquired a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the third quarter worth $25,000. Westfuller Advisors LLC acquired a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the third quarter worth $26,000. Cornerstone Planning Group LLC boosted its holdings in shares of 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 purchasing an additional 387 shares during the last quarter. TD Waterhouse Canada Inc. boosted its holdings in shares of 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 purchasing an additional 630 shares during the last quarter. Finally, Cullen Frost Bankers Inc. boosted its holdings in shares of 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 purchasing an additional 290 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

VTIP stock 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 stock’s fifty day simple moving average is $49.92 and its 200-day simple moving average is $49.88.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

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

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.