AA Financial Advisors LLC Increases Stock Position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

AA Financial Advisors LLC raised its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 6.5% in the third quarter, Holdings Channel.com reports. The fund owned 38,595 shares of the company’s stock after purchasing an additional 2,341 shares during the period. AA Financial Advisors LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $1,903,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Park Avenue Securities LLC lifted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 14.6% during the first quarter. Park Avenue Securities LLC now owns 36,432 shares of the company’s stock worth $1,745,000 after purchasing an additional 4,629 shares in the last quarter. Global Assets Advisory LLC purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the 1st quarter valued at about $641,000. Nova R Wealth Inc. grew its position in Vanguard Short-Term Inflation-Protected Securities ETF by 9.4% in the 1st quarter. Nova R Wealth Inc. now owns 130,073 shares of the company’s stock valued at $6,229,000 after acquiring an additional 11,216 shares in the last quarter. Unison Advisors LLC increased its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 6.2% during the first quarter. Unison Advisors LLC now owns 18,551 shares of the company’s stock worth $888,000 after purchasing an additional 1,077 shares during the period. Finally, Dynamic Advisor Solutions LLC increased its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 0.8% during the first quarter. Dynamic Advisor Solutions LLC now owns 98,344 shares of the company’s stock worth $4,710,000 after purchasing an additional 784 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

NASDAQ VTIP opened at $48.93 on Friday. The firm has a 50 day simple moving average of $48.96 and a 200-day simple moving average of $48.46. Vanguard Short-Term Inflation-Protected Securities ETF has a one year low of $46.94 and a one year high of $49.41.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were given a $0.308 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.23 annualized dividend and a yield of 2.52%.

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.