FineMark National Bank & Trust Has $517,000 Stock Holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

FineMark National Bank & Trust decreased its position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 4.2% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,656 shares of the company’s stock after selling 470 shares during the period. FineMark National Bank & Trust’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $517,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of VTIP. New York Life Investment Management LLC bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter worth $321,000. Natixis Advisors L.P. boosted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 0.4% during the 4th quarter. Natixis Advisors L.P. now owns 139,260 shares of the company’s stock valued at $6,613,000 after acquiring an additional 587 shares in the last quarter. Principal Securities Inc. acquired a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter worth about $2,768,000. Calton & Associates Inc. bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the fourth quarter worth about $252,000. Finally, BNP Paribas Financial Markets boosted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 191.9% during the fourth quarter. BNP Paribas Financial Markets now owns 9,117 shares of the company’s stock valued at $433,000 after purchasing an additional 5,994 shares in the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Trading Up 0.1 %

VTIP stock opened at $48.94 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a 1-year low of $46.70 and a 1-year high of $48.99. The business’s 50 day moving average is $48.51 and its 200-day moving average is $48.16.

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 $0.444 dividend. This represents a $1.78 dividend on an annualized basis and a yield of 3.63%. This is a boost from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend was 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.