Financial Solutions Advisory Group Inc. Sells 74,348 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Financial Solutions Advisory Group Inc. cut its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 14.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 447,772 shares of the company’s stock after selling 74,348 shares during the period. Vanguard Short-Term Inflation-Protected Securities ETF comprises about 2.8% of Financial Solutions Advisory Group Inc.’s portfolio, making the stock its 9th biggest position. Financial Solutions Advisory Group Inc. owned about 0.11% of Vanguard Short-Term Inflation-Protected Securities ETF worth $21,798,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Allied Investment Advisors LLC grew its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 37,724.1% in the third quarter. Allied Investment Advisors LLC now owns 1,633,246 shares of the company’s stock valued at $80,388,000 after purchasing an additional 1,628,928 shares in the last quarter. Empowered Funds LLC purchased a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the 1st quarter worth approximately $67,290,000. Wealthfront Advisers LLC lifted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 33.6% during the 1st quarter. Wealthfront Advisers LLC now owns 4,855,031 shares of the company’s stock worth $242,509,000 after buying an additional 1,221,608 shares in the last quarter. Trust Co. of Vermont acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the 2nd quarter worth approximately $45,229,000. Finally, The Manufacturers Life Insurance Company lifted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 193.1% during the 1st quarter. The Manufacturers Life Insurance Company now owns 856,145 shares of the company’s stock worth $42,764,000 after buying an additional 564,036 shares in the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of VTIP stock opened at $48.88 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a 52 week low of $48.28 and a 52 week high of $50.48. The firm has a 50 day moving average of $49.14 and a two-hundred day moving average of $49.73.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 5th. Stockholders of record on Thursday, October 1st were given a dividend of $0.9333 per share. This is an increase from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.6804. This represents a $3.73 dividend on an annualized basis and a dividend yield of 7.6%. The ex-dividend date of this dividend was Thursday, October 1st.

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.