Dravo Bay LLC Increases Stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Dravo Bay LLC grew its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 13.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 62,103 shares of the company’s stock after purchasing an additional 7,336 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF makes up about 1.7% of Dravo Bay LLC’s portfolio, making the stock its 15th biggest holding. Dravo Bay LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $3,014,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. ORG Partners LLC acquired a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the second quarter worth $27,000. Family Firm Inc. purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 2nd quarter worth $31,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 2nd quarter valued at about $33,000. EverSource Wealth Advisors LLC grew its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 181.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 919 shares of the company’s stock valued at $44,000 after purchasing an additional 593 shares during the period. Finally, Tortoise Investment Management LLC increased its position in Vanguard Short-Term Inflation-Protected Securities ETF by 111.8% during the fourth quarter. Tortoise Investment Management LLC now owns 985 shares of the company’s stock worth $47,000 after purchasing an additional 520 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Vanguard Short-Term Inflation-Protected Securities ETF stock opened at $49.23 on Tuesday. The firm has a 50 day simple moving average of $48.63 and a 200-day simple moving average of $48.24. Vanguard Short-Term Inflation-Protected Securities ETF has a 1-year low of $46.70 and a 1-year high of $49.26.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 3rd. Shareholders of record on Monday, July 1st were given a dividend of $0.444 per share. The ex-dividend date of this dividend was Monday, July 1st. 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 dividend yield of 3.61%.

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.