Courier Capital LLC Decreases Stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Courier Capital LLC decreased its position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 90.4% during the 2nd quarter, Holdings Channel reports. The firm owned 22,245 shares of the company’s stock after selling 208,349 shares during the period. Courier Capital LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $1,080,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC lifted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 4,648.5% during the fourth quarter. International Assets Investment Management LLC now owns 181,962 shares of the company’s stock valued at $8,641,000 after buying an additional 178,130 shares during the period. Significant Wealth Partners LLC bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the fourth quarter valued at approximately $449,000. Larson Financial Group LLC lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 10.1% during the fourth quarter. Larson Financial Group LLC now owns 34,655 shares of the company’s stock valued at $1,646,000 after purchasing an additional 3,177 shares during the last quarter. Roble Belko & Company Inc boosted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1.6% in the 4th quarter. Roble Belko & Company Inc now owns 159,021 shares of the company’s stock worth $7,552,000 after purchasing an additional 2,568 shares in the last quarter. Finally, Parkside Financial Bank & Trust purchased a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 4th quarter worth approximately $70,000.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Down 0.2 %

NASDAQ:VTIP traded down $0.08 during trading hours on Thursday, reaching $48.67. 572,280 shares of the company traded hands, compared to its average volume of 1,157,836. The business’s 50-day moving average price is $48.43 and its two-hundred day moving average price is $48.06. Vanguard Short-Term Inflation-Protected Securities ETF has a 1 year low of $46.70 and a 1 year high of $48.76.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 3rd. Investors of record on Monday, July 1st were paid 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 yield of 3.65%.

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.