Motley Fool Wealth Management LLC Trims Stake in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Motley Fool Wealth Management LLC trimmed its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 18.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 49,731 shares of the company’s stock after selling 11,346 shares during the quarter. Motley Fool Wealth Management LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $2,500,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in VTIP. Garrison Bradford & Associates Inc. bought a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the first quarter worth about $25,000. Wayfinding Financial LLC bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 1st quarter valued at about $26,000. Hager Investment Management Services LLC bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 1st quarter valued at about $27,000. First Pacific Financial bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 2nd quarter valued at about $33,000. Finally, TFC Financial Management Inc. bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 2nd quarter valued at about $34,000.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

NASDAQ VTIP opened at $50.14 on Tuesday. Vanguard Short-Term Inflation-Protected Securities ETF has a 1-year low of $48.28 and a 1-year high of $50.81. The stock has a 50-day moving average of $50.43 and a 200-day moving average of $50.15.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were paid 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 dividend yield of 5.2%.

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.