Smithbridge Asset Management Inc. DE Lowers Stake in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Smithbridge Asset Management Inc. DE cut its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 42.7% during the first quarter, Holdings Channel.com reports. The fund owned 14,804 shares of the company’s stock after selling 11,054 shares during the period. Smithbridge Asset Management Inc. DE’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $739,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ancora Advisors LLC acquired a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the 3rd quarter worth about $25,000. Millstone Evans Group LLC boosted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 73.2% during the fourth quarter. Millstone Evans Group LLC now owns 703 shares of the company’s stock worth $35,000 after purchasing an additional 297 shares in the last quarter. Wealth Watch Advisors INC acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter valued at approximately $36,000. Arax Advisory Partners acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter valued at approximately $39,000. Finally, Torren Management LLC purchased a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter valued at approximately $47,000.

Vanguard Short-Term Inflation-Protected Securities ETF Trading Down 1.4%

Shares of NASDAQ:VTIP opened at $49.52 on Thursday. Vanguard Short-Term Inflation-Protected Securities ETF has a 1 year low of $49.35 and a 1 year high of $50.81. The business’s 50 day moving average price is $50.29 and its 200-day moving average price is $49.95.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st will be issued a dividend of $0.6804 per share. The ex-dividend date of this dividend is 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 annualized dividend 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.