Farmers & Merchants Investments Inc. Lowers Position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Farmers & Merchants Investments Inc. lowered its holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 1.0% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 346,686 shares of the company’s stock after selling 3,412 shares during the period. Farmers & Merchants Investments Inc. owned approximately 0.15% of Vanguard Short-Term Inflation-Protected Securities ETF worth $16,603,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Baker Avenue Asset Management LP purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 3rd quarter valued at about $27,000. Blue Trust Inc. raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 175.1% during the 4th quarter. Blue Trust Inc. now owns 674 shares of the company’s stock valued at $32,000 after buying an additional 429 shares in the last quarter. ORG Partners LLC raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 151.9% during the 4th quarter. ORG Partners LLC now owns 680 shares of the company’s stock valued at $33,000 after buying an additional 410 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 181.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 919 shares of the company’s stock valued at $44,000 after buying an additional 593 shares in the last quarter. Finally, Financial Gravity Asset Management Inc. raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1,927.7% during the 3rd quarter. Financial Gravity Asset Management Inc. now owns 953 shares of the company’s stock valued at $45,000 after buying an additional 906 shares in the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Shares of NASDAQ VTIP traded up $0.04 during trading hours on Tuesday, reaching $48.10. 288,845 shares of the stock traded hands, compared to its average volume of 1,092,861. Vanguard Short-Term Inflation-Protected Securities ETF has a 52-week low of $46.70 and a 52-week high of $48.60. The company’s 50-day simple moving average is $48.18 and its two-hundred day simple moving average is $47.84.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 3rd. Shareholders of record on Monday, July 1st will be paid a $0.444 dividend. This is a boost from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.03. This represents a $1.78 dividend on an annualized basis and a yield of 3.69%. The ex-dividend date of this dividend is Monday, 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.