Beaird Harris Wealth Management LLC Cuts Position in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Beaird Harris Wealth Management LLC decreased its position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 12.6% during the second quarter, Holdings Channel reports. The firm owned 266,385 shares of the company’s stock after selling 38,253 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF comprises 0.8% of Beaird Harris Wealth Management LLC’s portfolio, making the stock its 22nd largest holding. Beaird Harris Wealth Management LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $13,380,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in VTIP. Fischer Financial Services Inc. boosted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 1.2% in the first quarter. Fischer Financial Services Inc. now owns 17,390 shares of the company’s stock valued at $869,000 after acquiring an additional 200 shares in the last quarter. Geneos Wealth Management Inc. increased its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 62.7% during the first quarter. Geneos Wealth Management Inc. now owns 519 shares of the company’s stock worth $26,000 after purchasing an additional 200 shares in the last quarter. Meridian Wealth Management LLC increased its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1.4% during the fourth quarter. Meridian Wealth Management LLC now owns 15,640 shares of the company’s stock worth $774,000 after purchasing an additional 212 shares in the last quarter. Sound Income Strategies LLC lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 64.7% in the 1st quarter. Sound Income Strategies LLC now owns 542 shares of the company’s stock valued at $27,000 after purchasing an additional 213 shares during the last quarter. Finally, WMG Financial Advisors LLC lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 4.6% in the 4th quarter. WMG Financial Advisors LLC now owns 5,045 shares of the company’s stock valued at $250,000 after purchasing an additional 223 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of NASDAQ VTIP opened at $49.67 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a 52-week low of $49.35 and a 52-week high of $50.81. The business has a 50-day moving average price of $49.91 and a 200 day moving average price of $49.96.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

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