Approach Retirement Advisors LLC Acquires New Position in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Approach Retirement Advisors LLC acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 44,950 shares of the company’s stock, valued at approximately $2,223,000. Vanguard Short-Term Inflation-Protected Securities ETF comprises about 1.9% of Approach Retirement Advisors LLC’s investment portfolio, making the stock its 12th biggest position.

Several other hedge funds and other institutional investors have also recently modified their holdings of VTIP. Ancora Advisors LLC purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the 3rd quarter worth approximately $25,000. Cornerstone Planning Group LLC raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 330.8% during the 3rd 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. Westfuller Advisors LLC purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the 3rd quarter worth approximately $26,000. TD Waterhouse Canada Inc. raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 583.3% during the 3rd 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. raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 37.0% during the 3rd 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 Price Performance

VTIP opened at $50.34 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a 12-month low of $49.35 and a 12-month high of $50.81. The firm has a 50 day moving average of $49.95 and a two-hundred day moving average of $49.89.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were given a dividend of $0.0227 per share. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a $0.09 dividend on an annualized basis and a 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.