Cedar Wealth Management LLC Sells 4,470 Shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Cedar Wealth Management LLC cut its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 22.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,827 shares of the company’s stock after selling 4,470 shares during the period. Cedar Wealth Management LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $768,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also made changes to their positions in the company. ORG Partners LLC bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the second quarter valued at about $27,000. Family Firm Inc. purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the 2nd quarter valued at about $31,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 2nd quarter valued at about $33,000. EverSource Wealth Advisors LLC raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 181.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 919 shares of the company’s stock valued at $44,000 after purchasing an additional 593 shares in the last quarter. Finally, Tortoise Investment Management LLC lifted its position in shares of 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 period.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of VTIP stock opened at $49.30 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a 52-week low of $46.70 and a 52-week high of $49.33. The company’s 50 day moving average is $48.69 and its 200 day moving average is $48.27.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st were given a $0.444 dividend. This is a boost from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend was Monday, July 1st. This represents a $1.78 dividend on an annualized basis and a dividend yield of 3.60%.

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.