Axxcess Wealth Management LLC Decreases Stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Axxcess Wealth Management LLC lowered its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 15.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 174,014 shares of the company’s stock after selling 30,753 shares during the period. Axxcess Wealth Management LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $8,447,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Sei Investments Co. grew its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 19.5% during the first quarter. Sei Investments Co. now owns 7,886,588 shares of the company’s stock worth $377,688,000 after purchasing an additional 1,287,819 shares during the last quarter. Valmark Advisers Inc. boosted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 4.6% during the second quarter. Valmark Advisers Inc. now owns 5,625,098 shares of the company’s stock worth $273,042,000 after buying an additional 248,393 shares in the last quarter. Heritage Wealth Advisors lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 3.7% in the fourth quarter. Heritage Wealth Advisors now owns 4,500,471 shares of the company’s stock valued at $213,727,000 after purchasing an additional 160,020 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 3.8% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,195,453 shares of the company’s stock valued at $153,030,000 after buying an additional 116,290 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 29.0% during the fourth quarter. Envestnet Asset Management Inc. now owns 2,483,393 shares of the company’s stock valued at $117,936,000 after acquiring an additional 558,514 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Trading Up 0.1 %

Shares of NASDAQ VTIP opened at $49.23 on Tuesday. Vanguard Short-Term Inflation-Protected Securities ETF has a 12 month low of $46.70 and a 12 month high of $49.26. The company has a 50-day simple moving average of $48.63 and a 200-day simple moving average of $48.24.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 3rd. Shareholders of record on Monday, July 1st were given a $0.444 dividend. This is an increase from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.03. The ex-dividend date was Monday, July 1st. This represents a $1.78 annualized dividend and a yield of 3.61%.

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.