Vanguard Short-Term Inflation-Protected Securities ETF $VTIP Shares Sold by Austin Asset Management Co Inc

Austin Asset Management Co Inc trimmed its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 16.4% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 81,863 shares of the company’s stock after selling 16,039 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF makes up approximately 0.7% of Austin Asset Management Co Inc’s investment portfolio, making the stock its 19th largest position. Austin Asset Management Co Inc’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $4,089,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Fischer Financial Services Inc. boosted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 1.2% during the 1st quarter. Fischer Financial Services Inc. now owns 17,390 shares of the company’s stock worth $869,000 after purchasing an additional 200 shares during the last quarter. Meridian Wealth Management LLC raised its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1.4% in the fourth quarter. Meridian Wealth Management LLC now owns 15,640 shares of the company’s stock valued at $774,000 after buying an additional 212 shares during the last quarter. Sound Income Strategies LLC lifted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 64.7% in the first quarter. Sound Income Strategies LLC now owns 542 shares of the company’s stock worth $27,000 after buying an additional 213 shares in the last quarter. eCIO Inc. lifted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 4.4% in the fourth quarter. eCIO Inc. now owns 5,123 shares of the company’s stock worth $253,000 after buying an additional 218 shares in the last quarter. Finally, WMG Financial Advisors LLC boosted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 4.6% during the fourth quarter. WMG Financial Advisors LLC now owns 5,045 shares of the company’s stock worth $250,000 after acquiring an additional 223 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Up 0.0%

Shares of NASDAQ VTIP opened at $49.65 on Thursday. Vanguard Short-Term Inflation-Protected Securities ETF has a 12-month low of $49.35 and a 12-month high of $50.81. The company has a 50-day moving average of $50.23 and a 200 day moving average of $49.94.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were given a $0.6804 dividend. This represents a $2.72 dividend on an annualized basis and a dividend yield of 5.5%. This is a boost from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.02. The ex-dividend date was Wednesday, July 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.