Miracle Mile Advisors LLC Has $494,000 Holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Miracle Mile Advisors LLC decreased its position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 6.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,325 shares of the company’s stock after selling 728 shares during the period. Miracle Mile Advisors LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $494,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Breakwater Capital Group lifted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 138.4% in the first quarter. Breakwater Capital Group now owns 40,940 shares of the company’s stock valued at $1,961,000 after buying an additional 23,766 shares during the period. Arlington Financial Advisors LLC lifted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 48.7% in the first quarter. Arlington Financial Advisors LLC now owns 19,825 shares of the company’s stock valued at $949,000 after buying an additional 6,489 shares during the period. Gradient Capital Advisors LLC lifted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 5.2% in the first quarter. Gradient Capital Advisors LLC now owns 135,979 shares of the company’s stock valued at $6,512,000 after buying an additional 6,761 shares during the period. Annapolis Financial Services LLC lifted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 100.4% in the first quarter. Annapolis Financial Services LLC now owns 1,084 shares of the company’s stock valued at $52,000 after buying an additional 543 shares during the period. Finally, FIDELIS iM LLC lifted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 7.8% in the first quarter. FIDELIS iM LLC now owns 110,666 shares of the company’s stock valued at $5,299,000 after buying an additional 8,014 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

VTIP stock opened at $48.06 on Tuesday. Vanguard Short-Term Inflation-Protected Securities ETF has a 12-month low of $46.70 and a 12-month high of $48.60. The company’s fifty day simple moving average is $48.18 and its 200 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 an increase from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.03. This represents a $1.78 annualized dividend and a yield of 3.70%. The ex-dividend date of this dividend is Monday, July 1st.

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.