Meridian Wealth Management LLC Buys New Stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Meridian Wealth Management LLC purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,591 shares of the company’s stock, valued at approximately $325,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fairway Wealth LLC increased its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 178.3% in the third quarter. Fairway Wealth LLC now owns 1,072,940 shares of the company’s stock valued at $52,907,000 after buying an additional 687,353 shares in the last quarter. New York Life Investment Management LLC grew its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 409.4% in the 2nd quarter. New York Life Investment Management LLC now owns 788,855 shares of the company’s stock valued at $38,291,000 after acquiring an additional 633,996 shares during the period. Cetera Investment Advisers increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 249.9% in the 1st quarter. Cetera Investment Advisers now owns 804,819 shares of the company’s stock worth $38,543,000 after acquiring an additional 574,799 shares in the last quarter. Savant Capital LLC raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 46.2% during the second quarter. Savant Capital LLC now owns 1,069,441 shares of the company’s stock worth $51,911,000 after acquiring an additional 337,701 shares during the period. Finally, Symmetry Partners LLC lifted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 4,855.7% during the second quarter. Symmetry Partners LLC now owns 275,882 shares of the company’s stock valued at $13,391,000 after purchasing an additional 270,315 shares in the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

VTIP stock opened at $48.91 on Tuesday. Vanguard Short-Term Inflation-Protected Securities ETF has a 52 week low of $47.37 and a 52 week high of $49.41. The firm has a 50-day simple moving average of $48.95 and a 200-day simple moving average of $48.63.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were paid a dividend of $0.308 per share. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.23 annualized dividend and a yield of 2.52%.

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.