Cherry Tree Wealth Management LLC Has $10.11 Million Position in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Cherry Tree Wealth Management LLC lifted its stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 6.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 201,306 shares of the company’s stock after buying an additional 12,034 shares during the period. Vanguard Short-Term Inflation-Protected Securities ETF comprises 1.9% of Cherry Tree Wealth Management LLC’s portfolio, making the stock its 18th biggest holding. Cherry Tree Wealth Management LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $10,112,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 5.0% in the 4th quarter. JPMorgan Chase & Co. now owns 30,130,365 shares of the company’s stock valued at $1,490,248,000 after acquiring an additional 1,435,208 shares in the last quarter. LPL Financial LLC grew its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 6.0% during the 4th quarter. LPL Financial LLC now owns 18,490,336 shares of the company’s stock worth $914,532,000 after purchasing an additional 1,039,578 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 22.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 10,366,837 shares of the company’s stock worth $512,744,000 after purchasing an additional 1,877,940 shares in the last quarter. Valmark Advisers Inc. increased its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 5.3% during the first quarter. Valmark Advisers Inc. now owns 7,073,953 shares of the company’s stock valued at $353,344,000 after purchasing an additional 357,681 shares during the period. Finally, Cambridge Associates LLC MA ADV raised its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 39.4% in the fourth quarter. Cambridge Associates LLC MA ADV now owns 6,908,129 shares of the company’s stock valued at $341,676,000 after purchasing an additional 1,950,826 shares in the last quarter.

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

VTIP stock traded up $0.04 during midday trading on Tuesday, hitting $49.51. The stock had a trading volume of 2,988,392 shares, compared to its average volume of 2,646,628. Vanguard Short-Term Inflation-Protected Securities ETF has a 52 week low of $49.35 and a 52 week high of $50.81. The stock has a 50-day simple moving average of $49.67 and a 200 day simple moving average of $49.97.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were paid a $0.6804 dividend. The ex-dividend date was Wednesday, July 1st. This represents a $2.72 dividend on an annualized basis and a dividend yield of 5.5%. This is a positive change from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.02.

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.