Patriot Investment Management Group Inc. Sells 1,197 Shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Patriot Investment Management Group Inc. trimmed its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 8.5% during the 2nd quarter, Holdings Channel reports. The fund owned 12,829 shares of the company’s stock after selling 1,197 shares during the period. Patriot Investment Management Group Inc.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $623,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Sei Investments Co. lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 19.5% in the 1st quarter. Sei Investments Co. now owns 7,886,588 shares of the company’s stock valued at $377,688,000 after acquiring an additional 1,287,819 shares during the last quarter. Wealthspire Advisors LLC boosted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 147.3% in the 4th quarter. Wealthspire Advisors LLC now owns 1,555,510 shares of the company’s stock worth $73,871,000 after purchasing an additional 926,461 shares during the period. 1832 Asset Management L.P. bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 4th quarter valued at approximately $43,737,000. Simplicity Wealth LLC purchased a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the 1st quarter valued at $31,477,000. Finally, Morningstar Investment Services LLC lifted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 97.2% in the fourth quarter. Morningstar Investment Services LLC now owns 1,297,131 shares of the company’s stock worth $61,588,000 after buying an additional 639,201 shares during the last quarter.

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

NASDAQ VTIP traded up $0.08 on Monday, hitting $48.66. 644,712 shares of the stock were exchanged, compared to its average volume of 1,183,029. Vanguard Short-Term Inflation-Protected Securities ETF has a 52-week low of $46.70 and a 52-week high of $48.71. The stock has a fifty day moving average price of $48.37 and a two-hundred day moving average price of $48.00.

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 dividend of $0.444 per share. The ex-dividend date was Monday, July 1st. This is a boost from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.03. This represents a $1.78 dividend on an annualized basis and a dividend yield of 3.65%.

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.