Prospera Financial Services Inc Reduces Stock Position in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Prospera Financial Services Inc lessened its holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 19.1% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 16,163 shares of the company’s stock after selling 3,804 shares during the period. Prospera Financial Services Inc’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $812,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of VTIP. Apollon Wealth Management LLC boosted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 8.7% during the first quarter. Apollon Wealth Management LLC now owns 19,818 shares of the company’s stock valued at $989,000 after purchasing an additional 1,590 shares during the period. Dakota Wealth Management lifted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 36.8% during the 1st quarter. Dakota Wealth Management now owns 12,725 shares of the company’s stock valued at $635,000 after buying an additional 3,424 shares in the last quarter. Woodward Diversified Capital LLC boosted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 107.5% in the 1st quarter. Woodward Diversified Capital LLC now owns 9,977 shares of the company’s stock valued at $498,000 after buying an additional 5,169 shares during the period. Forum Financial Management LP grew its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 431.2% in the 1st quarter. Forum Financial Management LP now owns 22,150 shares of the company’s stock worth $1,105,000 after acquiring an additional 17,980 shares in the last quarter. Finally, JDH Wealth Management LLC increased its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 56.9% during the first quarter. JDH Wealth Management LLC now owns 13,497 shares of the company’s stock worth $674,000 after acquiring an additional 4,896 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Down 0.0%

Vanguard Short-Term Inflation-Protected Securities ETF stock opened at $50.05 on Friday. The company has a 50 day moving average price of $50.30 and a 200-day moving average price of $50.17. Vanguard Short-Term Inflation-Protected Securities ETF has a fifty-two week low of $48.28 and a fifty-two week high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st were issued a $0.6481 dividend. The ex-dividend date was Wednesday, October 1st. This represents a $2.59 annualized dividend and a dividend yield of 5.2%. This is a positive change from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.43.

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.