Vanguard Short-Term Inflation-Protected Securities ETF $VTIP Shares Sold by Beacon Capital Management Inc.

Beacon Capital Management Inc. reduced its position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 31.1% in the 2nd quarter, Holdings Channel.com reports. The fund owned 1,223,566 shares of the company’s stock after selling 553,431 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF comprises about 3.2% of Beacon Capital Management Inc.’s holdings, making the stock its 15th largest position. Beacon Capital Management Inc.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $61,509,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Parkworth Wealth Management Inc. raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 2,296.0% in the 2nd quarter. Parkworth Wealth Management Inc. now owns 599 shares of the company’s stock valued at $30,000 after purchasing an additional 574 shares during the last quarter. First Pacific Financial purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the 2nd quarter worth $33,000. TFC Financial Management Inc. acquired a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the second quarter valued at $34,000. Cullen Frost Bankers Inc. increased its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 77.6% in the second quarter. Cullen Frost Bankers Inc. now owns 783 shares of the company’s stock valued at $39,000 after purchasing an additional 342 shares during the period. Finally, ORG Partners LLC purchased a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the second quarter valued at about $42,000.

Vanguard Short-Term Inflation-Protected Securities ETF Trading Down 0.0%

Shares of VTIP opened at $50.12 on Monday. Vanguard Short-Term Inflation-Protected Securities ETF has a fifty-two week low of $48.28 and a fifty-two week high of $50.81. The firm has a 50-day simple moving average of $50.10 and a 200-day simple moving average of $50.20.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st were paid a $0.6481 dividend. This is an increase from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.43. The ex-dividend date was Wednesday, October 1st. This represents a $2.59 annualized dividend and a dividend yield of 5.2%.

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.