JMG Financial Group Ltd. Reduces Holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

JMG Financial Group Ltd. trimmed its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 2.3% in the second quarter, HoldingsChannel reports. The firm owned 57,099 shares of the company’s stock after selling 1,343 shares during the period. JMG Financial Group Ltd.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $2,772,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of VTIP. Sei Investments Co. boosted its position in 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 acquiring an additional 1,287,819 shares during the last quarter. Wealthspire Advisors LLC boosted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 147.3% during the fourth quarter. Wealthspire Advisors LLC now owns 1,555,510 shares of the company’s stock worth $73,871,000 after acquiring an additional 926,461 shares during the last quarter. 1832 Asset Management L.P. acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the fourth quarter worth approximately $43,737,000. Simplicity Wealth LLC acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the first quarter worth approximately $31,477,000. Finally, Morningstar Investment Services LLC boosted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 97.2% during the fourth quarter. Morningstar Investment Services LLC now owns 1,297,131 shares of the company’s stock worth $61,588,000 after acquiring an additional 639,201 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Down 0.1 %

NASDAQ VTIP traded down $0.04 during mid-day trading on Friday, reaching $48.81. 760,699 shares of the stock were exchanged, compared to its average volume of 1,181,338. Vanguard Short-Term Inflation-Protected Securities ETF has a 1-year low of $46.70 and a 1-year high of $48.91. The business’s fifty day simple moving average is $48.48 and its 200 day simple moving average is $48.12.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 3rd. Shareholders of record on Monday, July 1st were issued a $0.444 dividend. This represents a $1.78 dividend on an annualized basis and a dividend yield of 3.64%. The ex-dividend date was Monday, July 1st. This is a positive change from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.03.

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.