Bank of New York Mellon Corp Decreases Stock Holdings in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Bank of New York Mellon Corp cut its holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 16.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 799,165 shares of the company’s stock after selling 158,879 shares during the period. Bank of New York Mellon Corp owned about 0.23% of Vanguard Short-Term Inflation-Protected Securities ETF worth $39,918,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in VTIP. NewEdge Advisors LLC lifted its position in 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 buying an additional 82,056 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in Vanguard Short-Term Inflation-Protected Securities ETF by 16.3% during the second quarter. The Manufacturers Life Insurance Company now owns 261,182 shares of the company’s stock valued at $13,130,000 after acquiring an additional 36,624 shares during the last quarter. Main Street Financial Solutions LLC increased its position in Vanguard Short-Term Inflation-Protected Securities ETF by 16.0% during the second quarter. Main Street Financial Solutions LLC now owns 22,056 shares of the company’s stock valued at $1,109,000 after acquiring an additional 3,035 shares during the last quarter. Diversify Advisory Services LLC purchased a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the second quarter valued at $210,000. Finally, Raymond James Financial Inc. raised its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 10.8% in the second quarter. Raymond James Financial Inc. now owns 586,133 shares of the company’s stock valued at $29,465,000 after acquiring an additional 57,079 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Trading Up 0.0%

Shares of NASDAQ:VTIP opened at $49.59 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’s 50-day moving average is $50.05 and its 200 day moving average is $49.95.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.6804 per share. This represents a $2.72 annualized dividend and a dividend yield of 5.5%. This is a boost from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.02. The ex-dividend date was Wednesday, July 1st.

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.