Baron Financial Group LLC Sells 9,570 Shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Baron Financial Group LLC cut its stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 3.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 267,545 shares of the company’s stock after selling 9,570 shares during the period. Vanguard Short-Term Inflation-Protected Securities ETF makes up 8.1% of Baron Financial Group LLC’s holdings, making the stock its 3rd largest position. Baron Financial Group LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $13,193,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. ORG Partners LLC bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 2nd quarter worth approximately $27,000. Family Firm Inc. bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the second quarter valued at $31,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the 2nd quarter valued at $33,000. Annapolis Financial Services LLC lifted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 100.4% during the 1st quarter. Annapolis Financial Services LLC now owns 1,084 shares of the company’s stock worth $52,000 after buying an additional 543 shares in the last quarter. Finally, Central Pacific Bank Trust Division acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 1st quarter worth about $53,000.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Shares of NASDAQ VTIP opened at $48.93 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a fifty-two week low of $46.94 and a fifty-two week high of $49.41. The business has a 50-day moving average of $48.96 and a 200-day moving average of $48.46.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were given a dividend of $0.308 per share. This represents a $1.23 annualized dividend and a dividend yield of 2.52%. The ex-dividend date of this dividend was Tuesday, October 1st.

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.