Austin Asset Management Co Inc Sells 825 Shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Austin Asset Management Co Inc reduced its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 0.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 97,201 shares of the company’s stock after selling 825 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF comprises about 1.0% of Austin Asset Management Co Inc’s portfolio, making the stock its 16th biggest position. Austin Asset Management Co Inc’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $4,718,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of VTIP. BNP Paribas Financial Markets boosted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 191.9% in the fourth quarter. BNP Paribas Financial Markets now owns 9,117 shares of the company’s stock valued at $433,000 after acquiring an additional 5,994 shares during the last quarter. Kingsview Wealth Management LLC bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter valued at approximately $211,000. Corient Private Wealth LLC boosted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 2.3% in the fourth quarter. Corient Private Wealth LLC now owns 1,136,582 shares of the company’s stock valued at $53,976,000 after acquiring an additional 25,328 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 181.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 919 shares of the company’s stock valued at $44,000 after acquiring an additional 593 shares during the last quarter. Finally, Tidemark LLC bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter valued at approximately $51,000.

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

Shares of VTIP stock opened at $49.21 on Thursday. Vanguard Short-Term Inflation-Protected Securities ETF has a 52-week low of $46.70 and a 52-week high of $49.33. The firm’s 50 day moving average price is $48.67 and its two-hundred day moving average price is $48.26.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st were given a dividend of $0.444 per share. This represents a $1.78 dividend on an annualized basis and a dividend yield of 3.61%. 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 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.