Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) Shares Sold by Cape Investment Advisory Inc.

Cape Investment Advisory Inc. cut its holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 19.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,736 shares of the company’s stock after selling 411 shares during the quarter. Cape Investment Advisory Inc.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $83,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. Jackson Wealth Management LLC acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the first quarter worth $217,000. Cetera Advisors LLC raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 54.5% in the first quarter. Cetera Advisors LLC now owns 180,116 shares of the company’s stock worth $8,626,000 after acquiring an additional 63,534 shares during the last quarter. Cetera Investment Advisers raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 249.9% in the first 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 during the last quarter. Independent Wealth Network Inc. raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 8.3% in the first quarter. Independent Wealth Network Inc. now owns 17,743 shares of the company’s stock worth $850,000 after acquiring an additional 1,356 shares during the last quarter. Finally, Vima LLC raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 18.1% in the first quarter. Vima LLC now owns 23,910 shares of the company’s stock worth $1,143,000 after acquiring an additional 3,662 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

NASDAQ VTIP traded up $0.09 during trading hours on Friday, hitting $48.66. 1,106,410 shares of the company’s stock were exchanged, compared to its average volume of 1,077,618. The business’s 50 day moving average is $48.33 and its 200-day moving average is $47.96. Vanguard Short-Term Inflation-Protected Securities ETF has a 12-month low of $46.70 and a 12-month high of $48.71.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st were issued a $0.444 dividend. This represents a $1.78 dividend on an annualized basis and a dividend yield of 3.65%. This is an increase 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 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.