Sequoia Financial Advisors LLC Sells 84,689 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Sequoia Financial Advisors LLC lowered its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 43.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 109,699 shares of the company’s stock after selling 84,689 shares during the period. Sequoia Financial Advisors LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $5,515,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in VTIP. Garrison Bradford & Associates Inc. bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the first quarter valued at approximately $25,000. Wayfinding Financial LLC bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the first quarter valued at approximately $26,000. Hager Investment Management Services LLC bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the first quarter valued at approximately $27,000. First Pacific Financial bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the second quarter valued at approximately $33,000. Finally, Rossby Financial LCC bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the first quarter valued at approximately $36,000.

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

NASDAQ:VTIP opened at $50.12 on Wednesday. Vanguard Short-Term Inflation-Protected Securities ETF has a 12 month low of $48.28 and a 12 month high of $50.81. The company has a 50 day simple moving average of $50.45 and a two-hundred day simple moving average of $50.12.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

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

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.