Creative Planning Trims Holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Creative Planning cut its stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 5.7% in the 3rd quarter, Holdings Channel.com reports. The firm owned 398,384 shares of the company’s stock after selling 24,044 shares during the quarter. Creative Planning’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $19,644,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the stock. Concourse Financial Group Securities Inc. grew its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 13.5% in the third quarter. Concourse Financial Group Securities Inc. now owns 25,850 shares of the company’s stock valued at $1,275,000 after purchasing an additional 3,081 shares in the last quarter. Exchange Traded Concepts LLC purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the third quarter worth about $621,000. Kings Path Partners LLC grew its position in Vanguard Short-Term Inflation-Protected Securities ETF by 24.4% during the third quarter. Kings Path Partners LLC now owns 22,492 shares of the company’s stock worth $1,109,000 after buying an additional 4,411 shares in the last quarter. Ritholtz Wealth Management grew its position in Vanguard Short-Term Inflation-Protected Securities ETF by 3.1% during the third quarter. Ritholtz Wealth Management now owns 72,676 shares of the company’s stock worth $3,584,000 after buying an additional 2,180 shares in the last quarter. Finally, Lion Street Advisors LLC purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the third quarter worth about $216,000.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Vanguard Short-Term Inflation-Protected Securities ETF stock opened at $48.85 on Tuesday. Vanguard Short-Term Inflation-Protected Securities ETF has a 52 week low of $47.00 and a 52 week high of $49.41. The business has a 50-day simple moving average of $48.97 and a 200 day simple moving average of $48.47.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Tuesday, October 1st were given a dividend of $0.308 per share. This represents a $1.23 annualized dividend and a yield of 2.52%. The ex-dividend date was Tuesday, October 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.