Apollon Wealth Management LLC Reduces Holdings in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Apollon Wealth Management LLC trimmed its stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 27.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,294 shares of the company’s stock after selling 5,524 shares during the period. Apollon Wealth Management LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $719,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Park Avenue Securities LLC purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 2nd quarter valued at $2,008,000. Bank of New York Mellon Corp boosted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 118.3% during the 1st quarter. Bank of New York Mellon Corp now owns 972,552 shares of the company’s stock worth $48,530,000 after purchasing an additional 527,119 shares during the period. Sowell Financial Services LLC acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the 1st quarter worth $324,000. Golden State Wealth Management LLC boosted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 220.4% during the 1st quarter. Golden State Wealth Management LLC now owns 769 shares of the company’s stock worth $38,000 after purchasing an additional 529 shares during the period. Finally, Accredited Wealth Management LLC boosted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 2.7% during the 1st quarter. Accredited Wealth Management LLC now owns 9,364 shares of the company’s stock worth $467,000 after purchasing an additional 250 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Trading Down 0.0%

Shares of NASDAQ:VTIP opened at $50.11 on Thursday. The firm has a fifty day moving average price of $50.44 and a 200 day moving average price of $50.12. Vanguard Short-Term Inflation-Protected Securities ETF has a 1-year low of $48.28 and a 1-year high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were paid a dividend of $0.6481 per share. The ex-dividend date was Wednesday, October 1st. This represents a $2.59 dividend on an annualized basis and a yield of 5.2%. This is an increase from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.43.

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.