L. Roy Papp & Associates LLP Sells 8,454 Shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

L. Roy Papp & Associates LLP decreased its position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 18.8% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 36,457 shares of the company’s stock after selling 8,454 shares during the quarter. L. Roy Papp & Associates LLP’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $1,770,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of VTIP. Arbor Investment Advisors LLC lifted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 0.5% in the 1st quarter. Arbor Investment Advisors LLC now owns 46,038 shares of the company’s stock worth $2,205,000 after purchasing an additional 240 shares during the period. Mckinley Capital Management LLC boosted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1.5% during the 4th 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. N.E.W. Advisory Services LLC grew its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 2.3% during the 4th quarter. N.E.W. Advisory Services LLC now owns 11,379 shares of the company’s stock valued at $540,000 after acquiring an additional 253 shares during the period. Versant Capital Management Inc increased its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 11.6% in the 1st quarter. Versant Capital Management Inc now owns 2,456 shares of the company’s stock worth $118,000 after purchasing an additional 256 shares in the last quarter. Finally, Kovack Advisors Inc. raised its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 2.9% in the 4th quarter. Kovack Advisors Inc. now owns 9,200 shares of the company’s stock worth $437,000 after purchasing an additional 257 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

NASDAQ VTIP traded up $0.14 on Friday, hitting $48.83. 4,669,351 shares of the company traded hands, compared to its average volume of 1,181,344. The business’s 50 day moving average price is $48.43 and its 200-day moving average price is $48.06. Vanguard Short-Term Inflation-Protected Securities ETF has a 52-week low of $46.70 and a 52-week high of $48.85.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The business also recently disclosed 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. The ex-dividend date was Monday, July 1st. This is an increase from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.03. This represents a $1.78 dividend on an annualized basis and a dividend yield of 3.64%.

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.