Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) Shares Sold by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC decreased its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 15.0% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 174,014 shares of the company’s stock after selling 30,753 shares during the quarter. Axxcess Wealth Management LLC owned about 0.08% of Vanguard Short-Term Inflation-Protected Securities ETF worth $8,447,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Mckinley Capital Management LLC increased its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 1.5% during the fourth quarter. Mckinley Capital Management LLC now owns 16,608 shares of the company’s stock worth $789,000 after acquiring an additional 243 shares during the last quarter. Versant Capital Management Inc boosted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 11.6% during the first quarter. Versant Capital Management Inc now owns 2,456 shares of the company’s stock worth $118,000 after buying an additional 256 shares during the period. H&H Retirement Design & Management INC increased its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 0.8% during the second quarter. H&H Retirement Design & Management INC now owns 32,628 shares of the company’s stock valued at $1,575,000 after acquiring an additional 259 shares during the last quarter. Southland Equity Partners LLC raised its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 2.2% in the 2nd quarter. Southland Equity Partners LLC now owns 12,323 shares of the company’s stock valued at $598,000 after acquiring an additional 263 shares during the period. Finally, Moloney Securities Asset Management LLC boosted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1.2% during the 1st quarter. Moloney Securities Asset Management LLC now owns 22,425 shares of the company’s stock worth $1,074,000 after purchasing an additional 275 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of NASDAQ VTIP opened at $49.23 on Tuesday. Vanguard Short-Term Inflation-Protected Securities ETF has a 52-week low of $46.70 and a 52-week high of $49.26. The business’s 50 day moving average is $48.63 and its two-hundred day moving average is $48.24.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 3rd. Investors of record on Monday, July 1st were paid a dividend of $0.444 per share. This is a positive change 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. This represents a $1.78 annualized dividend and a yield of 3.61%.

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.