Hurlow Wealth Management Group Inc. Has $3.23 Million Stock Position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Hurlow Wealth Management Group Inc. lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 7.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 65,460 shares of the company’s stock after purchasing an additional 4,314 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF makes up about 1.0% of Hurlow Wealth Management Group Inc.’s holdings, making the stock its 24th biggest position. Hurlow Wealth Management Group Inc.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $3,228,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of VTIP. ORG Partners LLC acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the 2nd quarter worth $27,000. Family Firm Inc. acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the 2nd quarter worth $31,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the 2nd quarter worth $33,000. Tortoise Investment Management LLC grew its position in Vanguard Short-Term Inflation-Protected Securities ETF by 111.8% in the 4th quarter. Tortoise Investment Management LLC now owns 985 shares of the company’s stock worth $47,000 after purchasing an additional 520 shares during the last quarter. Finally, Annapolis Financial Services LLC grew its position in Vanguard Short-Term Inflation-Protected Securities ETF by 100.4% in the 1st quarter. Annapolis Financial Services LLC now owns 1,084 shares of the company’s stock worth $52,000 after purchasing an additional 543 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

NASDAQ VTIP traded down $0.02 during midday trading on Monday, hitting $48.84. The company had a trading volume of 737,890 shares, compared to its average volume of 1,171,431. The firm has a fifty day simple moving average of $48.90 and a two-hundred day simple moving average of $48.40. Vanguard Short-Term Inflation-Protected Securities ETF has a fifty-two week low of $46.89 and a fifty-two week high of $49.41.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Tuesday, October 1st were issued a dividend of $0.308 per share. This represents a $1.23 dividend on an annualized basis and a dividend yield of 2.52%. The ex-dividend date of this dividend was Tuesday, October 1st.

About Vanguard Short-Term Inflation-Protected Securities ETF

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.