Vanguard Short-Term Inflation-Protected Securities ETF $VTIP Position Reduced by Cornerstone National Bank & Trust Co

Cornerstone National Bank & Trust Co lessened its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 13.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 479,175 shares of the company’s stock after selling 71,406 shares during the period. Vanguard Short-Term Inflation-Protected Securities ETF accounts for about 7.5% of Cornerstone National Bank & Trust Co’s investment portfolio, making the stock its 2nd biggest holding. Cornerstone National Bank & Trust Co owned approximately 0.11% of Vanguard Short-Term Inflation-Protected Securities ETF worth $23,197,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of VTIP. 55 North Private Wealth LLC lifted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 7.6% during the 3rd quarter. 55 North Private Wealth LLC now owns 288,288 shares of the company’s stock valued at $14,190,000 after buying an additional 20,377 shares in the last quarter. Prime Capital Investment Advisors LLC raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 29.5% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 6,810 shares of the company’s stock worth $335,000 after acquiring an additional 1,552 shares during the period. Cypress Capital LLC raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 818.0% during the 3rd quarter. Cypress Capital LLC now owns 353,162 shares of the company’s stock worth $17,383,000 after acquiring an additional 314,691 shares during the period. Stewardship Advisors LLC raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 2.9% during the 3rd quarter. Stewardship Advisors LLC now owns 14,732 shares of the company’s stock worth $725,000 after acquiring an additional 415 shares during the period. Finally, Net Worth Advisory Group lifted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 4.9% during the third quarter. Net Worth Advisory Group now owns 229,317 shares of the company’s stock valued at $11,101,000 after purchasing an additional 10,762 shares in the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

NASDAQ:VTIP traded down $0.01 during trading hours on Tuesday, hitting $48.63. 899,176 shares of the stock traded hands, compared to its average volume of 2,696,841. Vanguard Short-Term Inflation-Protected Securities ETF has a 1 year low of $48.28 and a 1 year high of $50.48. The stock has a 50 day moving average price of $49.29 and a 200 day moving average price of $49.79.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, October 5th. Investors of record on Thursday, October 1st were paid a dividend of $0.9333 per share. This is a positive change from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.6804. The ex-dividend date was Thursday, October 1st. This represents a $3.73 dividend on an annualized basis and a dividend yield of 7.7%.

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.