Rede Wealth LLC Cuts Position in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Rede Wealth LLC lessened its stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 9.8% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,687 shares of the company’s stock after selling 3,663 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF accounts for 0.6% of Rede Wealth LLC’s investment portfolio, making the stock its 15th largest position. Rede Wealth LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $1,681,000 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. purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the 1st quarter valued at about $25,000. Wayfinding Financial LLC purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the 1st quarter valued at about $26,000. Hager Investment Management Services LLC purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the 1st quarter valued at about $27,000. Lowe Wealth Advisors LLC increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 67.8% during the 1st quarter. Lowe Wealth Advisors LLC now owns 619 shares of the company’s stock valued at $31,000 after acquiring an additional 250 shares in the last quarter. Finally, Rossby Financial LCC purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the 1st quarter valued at about $36,000.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

NASDAQ:VTIP opened at $50.31 on Friday. The firm has a 50-day moving average price of $50.10 and a two-hundred day moving average price of $49.81. Vanguard Short-Term Inflation-Protected Securities ETF has a twelve month low of $48.28 and a twelve month high of $50.37.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 3rd. Stockholders of record on Tuesday, July 1st were issued a dividend of $0.426 per share. This represents a $1.70 dividend on an annualized basis and a dividend yield of 3.4%. This is a boost from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.10. The ex-dividend date was Tuesday, July 1st.

Vanguard Short-Term Inflation-Protected Securities ETF Company 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.