Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) Shares Purchased by Austin Asset Management Co Inc

Posted by Alanna Baker on Nov 10th, 2024

Austin Asset Management Co Inc boosted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP – Free Report) by 8.6% in the 3rd quarter, Holdings Channel.com reports. The fund owned 105,606 shares of the company’s stock after buying an additional 8,405 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF makes up about 1.1% of Austin Asset Management Co Inc’s holdings, making the stock its 16th biggest holding. Austin Asset Management Co Inc’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $5,207,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Fairway Wealth LLC raised its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 178.3% in the 3rd quarter. Fairway Wealth LLC now owns 1,072,940 shares of the company’s stock valued at $52,907,000 after acquiring an additional 687,353 shares during the period. Assetmark Inc. raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 2.7% in the third quarter. Assetmark Inc. now owns 736,336 shares of the company’s stock valued at $36,309,000 after purchasing an additional 19,219 shares during the period. Leavell Investment Management Inc. lifted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 20.2% during the third quarter. Leavell Investment Management Inc. now owns 7,440 shares of the company’s stock worth $367,000 after purchasing an additional 1,252 shares in the last quarter. Beckerman Institutional LLC purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the third quarter worth $481,000. Finally, Physician Wealth Solutions Inc. grew its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 12.0% in the third quarter. Physician Wealth Solutions Inc. now owns 18,280 shares of the company’s stock valued at $892,000 after buying an additional 1,954 shares in the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

VTIP stock opened at $48.89 on Friday. The business’s fifty day moving average price is $48.98 and its 200 day moving average price is $48.56. Vanguard Short-Term Inflation-Protected Securities ETF has a 12-month low of $47.17 and a 12-month 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. Stockholders of record on Tuesday, October 1st were given a dividend of $0.308 per share. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.23 annualized dividend and a dividend yield of 2.52%.

About Vanguard Short-Term Inflation-Protected Securities ETF

(Free Report)

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.