Cassady Wealth & Retirement Planning LLC Trims Stock Position in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Cassady Wealth & Retirement Planning LLC lowered its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 37.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,554 shares of the company’s stock after selling 10,526 shares during the period. Cassady Wealth & Retirement Planning LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $884,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of VTIP. Ancora Advisors LLC purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the 3rd quarter worth approximately $25,000. Geneos Wealth Management Inc. boosted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 62.7% in the first quarter. Geneos Wealth Management Inc. now owns 519 shares of the company’s stock valued at $26,000 after purchasing an additional 200 shares during the period. Sound Income Strategies LLC boosted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 64.7% in the first quarter. Sound Income Strategies LLC now owns 542 shares of the company’s stock valued at $27,000 after purchasing an additional 213 shares during the period. NBT Bank N A NY grew its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 1,057.1% during the 1st quarter. NBT Bank N A NY now owns 567 shares of the company’s stock valued at $28,000 after purchasing an additional 518 shares in the last quarter. Finally, Ascentis Independent Advisors acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the 1st quarter valued at $29,000.

Vanguard Short-Term Inflation-Protected Securities ETF Trading Up 0.2%

NASDAQ:VTIP opened at $49.68 on Thursday. Vanguard Short-Term Inflation-Protected Securities ETF has a one year low of $49.35 and a one year high of $50.81. The business’s 50-day simple moving average is $50.01 and its 200 day simple moving average is $49.95.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

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

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.