Cardinal Point Capital Management ULC Sells 540 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Cardinal Point Capital Management ULC lessened its stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 10.8% during the second quarter, HoldingsChannel reports. The institutional investor owned 4,471 shares of the company’s stock after selling 540 shares during the period. Cardinal Point Capital Management ULC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $225,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. BIP Wealth LLC raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 1.5% during the 1st quarter. BIP Wealth LLC now owns 13,755 shares of the company’s stock valued at $686,000 after buying an additional 201 shares during the last quarter. Denali Advisors LLC boosted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 2.3% during the 1st quarter. Denali Advisors LLC now owns 9,751 shares of the company’s stock valued at $487,000 after purchasing an additional 220 shares during the last quarter. Chicago Partners Investment Group LLC boosted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 0.4% during the 1st quarter. Chicago Partners Investment Group LLC now owns 59,368 shares of the company’s stock valued at $2,971,000 after purchasing an additional 234 shares during the last quarter. Madden Advisory Services Inc. raised its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 2.9% during the 2nd quarter. Madden Advisory Services Inc. now owns 8,227 shares of the company’s stock valued at $414,000 after buying an additional 234 shares in the last quarter. Finally, Silver Oak Advisory Group Inc. raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 0.6% in the 1st quarter. Silver Oak Advisory Group Inc. now owns 42,203 shares of the company’s stock worth $2,105,000 after purchasing an additional 241 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of NASDAQ:VTIP opened at $50.18 on Friday. The firm’s 50 day simple moving average is $50.43 and its 200-day simple moving average is $50.14. Vanguard Short-Term Inflation-Protected Securities ETF has a one year low of $48.28 and a one year high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

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

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.