Beaird Harris Wealth Management LLC Trims Stock Position in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Beaird Harris Wealth Management LLC trimmed its position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 12.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 266,385 shares of the company’s stock after selling 38,253 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF comprises 0.8% of Beaird Harris Wealth Management LLC’s investment portfolio, making the stock its 22nd biggest position. Beaird Harris Wealth Management LLC owned 0.07% of Vanguard Short-Term Inflation-Protected Securities ETF worth $13,380,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. NewEdge Advisors LLC increased its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 86.9% during the second quarter. NewEdge Advisors LLC now owns 176,527 shares of the company’s stock worth $8,874,000 after acquiring an additional 82,056 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 16.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 261,182 shares of the company’s stock valued at $13,130,000 after purchasing an additional 36,624 shares during the last quarter. Main Street Financial Solutions LLC lifted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 16.0% in the 2nd quarter. Main Street Financial Solutions LLC now owns 22,056 shares of the company’s stock valued at $1,109,000 after purchasing an additional 3,035 shares during the last quarter. Diversify Advisory Services LLC purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 2nd quarter worth $210,000. Finally, Raymond James Financial Inc. grew its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 10.8% during the 2nd quarter. Raymond James Financial Inc. now owns 586,133 shares of the company’s stock worth $29,465,000 after purchasing an additional 57,079 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of NASDAQ:VTIP opened at $49.67 on Friday. The business has a 50-day moving average price of $49.91 and a 200 day moving average price of $49.96. Vanguard Short-Term Inflation-Protected Securities ETF has a 12-month low of $49.35 and a 12-month high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.6804 per share. This represents a $2.72 annualized dividend and a yield of 5.5%. This is a boost from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.02. The ex-dividend date of this dividend was Wednesday, July 1st.

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.