Cranbrook Wealth Management LLC Reduces Stock Holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Cranbrook Wealth Management LLC decreased its position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 6.1% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 46,517 shares of the company’s stock after selling 3,035 shares during the period. Cranbrook Wealth Management LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $2,258,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of VTIP. ORG Partners LLC purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the 2nd quarter worth approximately $27,000. Family Firm Inc. acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the second quarter valued at approximately $31,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the second quarter worth $33,000. EverSource Wealth Advisors LLC increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 181.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 919 shares of the company’s stock worth $44,000 after purchasing an additional 593 shares during the period. Finally, Tortoise Investment Management LLC raised its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 111.8% in the fourth quarter. Tortoise Investment Management LLC now owns 985 shares of the company’s stock valued at $47,000 after acquiring an additional 520 shares in the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Up 0.1 %

Shares of NASDAQ VTIP opened at $49.23 on Tuesday. Vanguard Short-Term Inflation-Protected Securities ETF has a 1 year low of $46.70 and a 1 year high of $49.26. The business has a 50-day moving average of $48.63 and a two-hundred day moving average of $48.24.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 3rd. Investors of record on Monday, July 1st were given a $0.444 dividend. This represents a $1.78 dividend on an annualized basis and a yield of 3.61%. This is a positive change from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.03. The ex-dividend date 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.