Cranbrook Wealth Management LLC Sells 3,035 Shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Cranbrook Wealth Management LLC lessened its position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 6.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 46,517 shares of the company’s stock after selling 3,035 shares during the period. Cranbrook Wealth Management LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $2,258,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. BNP Paribas Financial Markets grew its position in Vanguard Short-Term Inflation-Protected Securities ETF by 191.9% during the 4th quarter. BNP Paribas Financial Markets now owns 9,117 shares of the company’s stock valued at $433,000 after purchasing an additional 5,994 shares during the last quarter. Kingsview Wealth Management LLC bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the 4th quarter worth approximately $211,000. Level Four Advisory Services LLC boosted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1.9% during the fourth quarter. Level Four Advisory Services LLC now owns 16,357 shares of the company’s stock worth $777,000 after acquiring an additional 312 shares during the last quarter. Mckinley Capital Management LLC grew its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1.5% during the fourth quarter. Mckinley Capital Management LLC now owns 16,608 shares of the company’s stock valued at $789,000 after purchasing an additional 243 shares in the last quarter. Finally, Corient Private Wealth LLC increased its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 2.3% in the 4th quarter. Corient Private Wealth LLC now owns 1,136,582 shares of the company’s stock worth $53,976,000 after acquiring an additional 25,328 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock 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 moving average price of $48.63 and a 200 day moving average price 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. Investors of record on Monday, July 1st were paid a $0.444 dividend. The ex-dividend date was Monday, July 1st. This represents a $1.78 annualized dividend and a yield of 3.61%. This is a boost from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.03.

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.