Private Client Services LLC Lowers Stock Position in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Private Client Services LLC lessened its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 36.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 53,210 shares of the company’s stock after selling 31,161 shares during the period. Private Client Services LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $2,673,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VTIP. Dogwood Wealth Management LLC increased its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 8.9% in the 2nd quarter. Dogwood Wealth Management LLC now owns 6,533 shares of the company’s stock worth $328,000 after acquiring an additional 535 shares in the last quarter. Frisco Financial Planning LLC grew its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 2.1% in the second quarter. Frisco Financial Planning LLC now owns 220,218 shares of the company’s stock worth $11,062,000 after purchasing an additional 4,526 shares during the period. Atmos Advisory LLC increased its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 2.0% during the second quarter. Atmos Advisory LLC now owns 313,874 shares of the company’s stock valued at $15,766,000 after purchasing an additional 6,105 shares in the last quarter. Western Wealth Management LLC increased its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 3.2% during the first quarter. Western Wealth Management LLC now owns 17,778 shares of the company’s stock valued at $888,000 after purchasing an additional 557 shares in the last quarter. Finally, Three Bearings Fiduciary Advisors Inc. lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 9.4% during the first quarter. Three Bearings Fiduciary Advisors Inc. now owns 3,187 shares of the company’s stock valued at $159,000 after purchasing an additional 274 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of VTIP opened at $49.63 on Tuesday. The business’s 50 day moving average price is $49.97 and its 200-day moving average price is $49.96. Vanguard Short-Term Inflation-Protected Securities ETF has a 52 week low of $49.35 and a 52 week high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.6804 per share. The ex-dividend date was Wednesday, July 1st. This is a positive change from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.02. This represents a $2.72 dividend on an annualized basis and a yield of 5.5%.

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.