Pillar Financial Advisors LLC Makes New $623,000 Investment in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Pillar Financial Advisors LLC purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,870 shares of the company’s stock, valued at approximately $623,000. Vanguard Short-Term Inflation-Protected Securities ETF accounts for 0.5% of Pillar Financial Advisors LLC’s investment portfolio, making the stock its 25th biggest position.

A number of other hedge funds have also modified their holdings of VTIP. Rialto Wealth Management LLC bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter worth approximately $58,000. Coastline Trust Co purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the third quarter worth $72,000. Smartleaf Asset Management LLC lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 18.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,525 shares of the company’s stock worth $74,000 after buying an additional 235 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 820.8% in the third quarter. International Assets Investment Management LLC now owns 1,952 shares of the company’s stock worth $96,000 after buying an additional 1,740 shares in the last quarter. Finally, Cape Investment Advisory Inc. lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 20.6% in the fourth quarter. Cape Investment Advisory Inc. now owns 2,123 shares of the company’s stock worth $103,000 after buying an additional 363 shares in the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

VTIP stock opened at $49.38 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a one year low of $47.65 and a one year high of $49.62. The company’s fifty day moving average price is $48.87 and its 200-day moving average price is $48.90.

Vanguard Short-Term Inflation-Protected Securities ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were issued a $0.529 dividend. The ex-dividend date was Tuesday, December 24th.

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.