M&T Bank Corp Purchases New Stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

M&T Bank Corp acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 9,575 shares of the company’s stock, valued at approximately $472,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Sei Investments Co. lifted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 2.7% during the second quarter. Sei Investments Co. now owns 8,099,037 shares of the company’s stock worth $393,127,000 after purchasing an additional 212,449 shares during the last quarter. Valmark Advisers Inc. lifted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 2.3% during the 3rd quarter. Valmark Advisers Inc. now owns 5,754,577 shares of the company’s stock worth $283,758,000 after buying an additional 129,479 shares during the last quarter. Wealthspire Advisors LLC grew its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 6.7% in the 2nd quarter. Wealthspire Advisors LLC now owns 1,842,349 shares of the company’s stock worth $89,428,000 after acquiring an additional 115,891 shares in the last quarter. Alesco Advisors LLC increased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 2.3% in the 3rd quarter. Alesco Advisors LLC now owns 1,824,471 shares of the company’s stock valued at $89,965,000 after acquiring an additional 41,065 shares during the last quarter. Finally, HighTower Advisors LLC increased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1.5% in the 3rd quarter. HighTower Advisors LLC now owns 1,554,047 shares of the company’s stock valued at $76,616,000 after acquiring an additional 22,468 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Shares of VTIP opened at $48.95 on Wednesday. Vanguard Short-Term Inflation-Protected Securities ETF has a 12-month low of $47.37 and a 12-month high of $49.41. The business’s fifty day moving average price is $48.90 and its 200 day moving average price is $48.73.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Tuesday, October 1st were given a $0.308 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.23 dividend on an annualized basis and a dividend yield of 2.52%.

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.