Breakwater Capital Group Purchases 23,766 Shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Breakwater Capital Group lifted its position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 138.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,940 shares of the company’s stock after acquiring an additional 23,766 shares during the quarter. Breakwater Capital Group’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $1,961,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 36.4% in the third quarter. JPMorgan Chase & Co. now owns 6,765,187 shares of the company’s stock worth $319,858,000 after purchasing an additional 1,803,700 shares in the last quarter. Sei Investments Co. raised its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 3.3% in the third quarter. Sei Investments Co. now owns 6,703,208 shares of the company’s stock worth $316,927,000 after purchasing an additional 216,413 shares in the last quarter. Valmark Advisers Inc. raised its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 2.2% in the fourth quarter. Valmark Advisers Inc. now owns 5,232,082 shares of the company’s stock worth $248,472,000 after purchasing an additional 114,300 shares in the last quarter. Heritage Wealth Advisors raised its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 3.7% in the fourth quarter. Heritage Wealth Advisors now owns 4,500,471 shares of the company’s stock worth $213,727,000 after purchasing an additional 160,020 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 8.0% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,079,163 shares of the company’s stock worth $146,229,000 after purchasing an additional 228,055 shares in the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Vanguard Short-Term Inflation-Protected Securities ETF stock traded up $0.03 during trading hours on Friday, reaching $48.54. The stock had a trading volume of 625,384 shares, compared to its average volume of 1,098,535. The business’s 50 day moving average price is $48.18 and its 200-day moving average price is $47.85. Vanguard Short-Term Inflation-Protected Securities ETF has a 52 week low of $46.70 and a 52 week high of $48.60.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st will be paid a dividend of $0.444 per share. This is a positive change from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.03. The ex-dividend date is Monday, July 1st. This represents a $1.78 dividend on an annualized basis and a dividend yield of 3.66%.

Vanguard Short-Term Inflation-Protected Securities ETF 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.