Burns Matteson Capital Management LLC Sells 848 Shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Burns Matteson Capital Management LLC decreased its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 16.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,454 shares of the company’s stock after selling 848 shares during the period. Burns Matteson Capital Management LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $216,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Blue Trust Inc. grew its position in Vanguard Short-Term Inflation-Protected Securities ETF by 175.1% during the fourth quarter. Blue Trust Inc. now owns 674 shares of the company’s stock worth $32,000 after buying an additional 429 shares in the last quarter. International Assets Investment Management LLC increased its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 4,648.5% in the fourth quarter. International Assets Investment Management LLC now owns 181,962 shares of the company’s stock worth $8,641,000 after purchasing an additional 178,130 shares during the period. Fulton Bank N.A. bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter worth $1,075,000. Prime Capital Investment Advisors LLC raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 33.2% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 8,436 shares of the company’s stock valued at $401,000 after purchasing an additional 2,104 shares in the last quarter. Finally, Stratos Wealth Partners LTD. lifted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 210.3% during the fourth quarter. Stratos Wealth Partners LTD. now owns 34,172 shares of the company’s stock worth $1,623,000 after purchasing an additional 23,160 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

VTIP stock traded down $0.08 during mid-day trading on Tuesday, hitting $48.59. The stock had a trading volume of 1,081,485 shares, compared to its average volume of 1,195,217. The firm has a fifty day simple moving average of $48.34 and a 200 day simple moving average of $47.97. Vanguard Short-Term Inflation-Protected Securities ETF has a 52 week low of $46.70 and a 52 week high of $48.71.

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. This represents a $1.78 dividend on an annualized basis and a yield of 3.66%. This is a boost from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.03. The ex-dividend date was Monday, July 1st.

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.