Vanguard Short-Term Inflation-Protected Securities ETF $VTIP Shares Sold by Meritas Wealth Management LLC

Meritas Wealth Management LLC trimmed its holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 0.8% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 103,839 shares of the company’s stock after selling 881 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF makes up 2.9% of Meritas Wealth Management LLC’s investment portfolio, making the stock its 10th largest position. Meritas Wealth Management LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $5,220,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. BIP Wealth LLC grew its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 1.5% during the first quarter. BIP Wealth LLC now owns 13,755 shares of the company’s stock worth $686,000 after buying an additional 201 shares during the last quarter. Denali Advisors LLC grew its position in Vanguard Short-Term Inflation-Protected Securities ETF by 2.3% during the 1st quarter. Denali Advisors LLC now owns 9,751 shares of the company’s stock worth $487,000 after acquiring an additional 220 shares during the last quarter. Chicago Partners Investment Group LLC increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 0.4% during the 1st quarter. Chicago Partners Investment Group LLC now owns 59,368 shares of the company’s stock valued at $2,971,000 after purchasing an additional 234 shares in the last quarter. Silver Oak Advisory Group Inc. increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 0.6% during the 1st quarter. Silver Oak Advisory Group Inc. now owns 42,203 shares of the company’s stock valued at $2,105,000 after purchasing an additional 241 shares in the last quarter. Finally, Bragg Financial Advisors Inc raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 5.1% in the 1st quarter. Bragg Financial Advisors Inc now owns 5,015 shares of the company’s stock valued at $250,000 after purchasing an additional 242 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Shares of VTIP stock opened at $50.03 on Thursday. Vanguard Short-Term Inflation-Protected Securities ETF has a 52 week low of $48.28 and a 52 week high of $50.81. The stock’s fifty day moving average is $50.46 and its 200-day moving average is $50.09.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st will be given a $0.6481 dividend. This represents a $2.59 annualized dividend and a yield of 5.2%. The ex-dividend date is Wednesday, October 1st. This is a boost from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.43.

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.