Financial Architects LLC Reduces Stock Position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Financial Architects LLC cut its stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 16.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,730 shares of the company’s stock after selling 1,360 shares during the period. Vanguard Short-Term Inflation-Protected Securities ETF makes up approximately 0.2% of Financial Architects LLC’s holdings, making the stock its 19th largest holding. Financial Architects LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $327,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in VTIP. ORG Partners LLC acquired a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the second quarter valued at approximately $27,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the second quarter valued at approximately $33,000. EverSource Wealth Advisors LLC grew its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 181.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 919 shares of the company’s stock valued at $44,000 after purchasing an additional 593 shares during the last quarter. Tortoise Investment Management LLC grew its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 111.8% in the fourth quarter. Tortoise Investment Management LLC now owns 985 shares of the company’s stock valued at $47,000 after purchasing an additional 520 shares during the last quarter. Finally, Tidemark LLC acquired a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter valued at approximately $51,000.

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

Shares of VTIP stock traded down $0.02 during trading hours on Wednesday, hitting $48.69. The company’s stock had a trading volume of 541,767 shares, compared to its average volume of 1,175,086. The business has a fifty day moving average of $48.38 and a 200-day moving average of $48.02. Vanguard Short-Term Inflation-Protected Securities ETF has a twelve month low of $46.70 and a twelve month high of $48.75.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st were given a $0.444 dividend. The ex-dividend date was Monday, July 1st. This is a positive change from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.03. This represents a $1.78 annualized dividend and a dividend yield of 3.65%.

About Vanguard Short-Term Inflation-Protected Securities ETF

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.