Merriman Wealth Management LLC Boosts Holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Merriman Wealth Management LLC boosted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 26.9% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 19,733 shares of the company’s stock after purchasing an additional 4,180 shares during the period. Merriman Wealth Management LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $958,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. BNP Paribas Financial Markets boosted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 191.9% in the 4th quarter. BNP Paribas Financial Markets now owns 9,117 shares of the company’s stock worth $433,000 after purchasing an additional 5,994 shares in the last quarter. Kingsview Wealth Management LLC purchased a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the fourth quarter worth $211,000. EverSource Wealth Advisors LLC grew its position in Vanguard Short-Term Inflation-Protected Securities ETF by 181.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 919 shares of the company’s stock valued at $44,000 after buying an additional 593 shares during the period. Tidemark LLC purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter valued at $51,000. Finally, Cambridge Investment Research Advisors Inc. increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 15.9% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 499,201 shares of the company’s stock valued at $23,707,000 after buying an additional 68,474 shares in the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

VTIP stock opened at $49.32 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a 52-week low of $46.70 and a 52-week high of $49.34. The company’s 50-day simple moving average is $48.71 and its 200-day simple moving average is $48.28.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 3rd. Shareholders of record on Monday, July 1st were issued a $0.444 dividend. This is a positive change 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 3.60%. The ex-dividend date of this dividend was 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.