Cherry Tree Wealth Management LLC Raises Stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Cherry Tree Wealth Management LLC boosted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 1.8% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 158,441 shares of the company’s stock after buying an additional 2,782 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF makes up approximately 1.9% of Cherry Tree Wealth Management LLC’s portfolio, making the stock its 16th largest holding. Cherry Tree Wealth Management LLC owned about 0.05% of Vanguard Short-Term Inflation-Protected Securities ETF worth $7,906,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Global Retirement Partners LLC raised its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 30.6% in the fourth quarter. Global Retirement Partners LLC now owns 3,345 shares of the company’s stock valued at $162,000 after buying an additional 784 shares during the period. Private Advisor Group LLC increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 1.6% in the 4th quarter. Private Advisor Group LLC now owns 113,129 shares of the company’s stock worth $5,478,000 after acquiring an additional 1,814 shares during the last quarter. CogentBlue Wealth Advisors LLC purchased a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the 4th quarter worth about $3,656,000. Satovsky Asset Management LLC raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 1.3% in the 4th quarter. Satovsky Asset Management LLC now owns 1,484,772 shares of the company’s stock valued at $71,950,000 after acquiring an additional 19,712 shares during the period. Finally, Florin Court Capital LLP raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 8.8% in the 4th quarter. Florin Court Capital LLP now owns 104,900 shares of the company’s stock valued at $5,079,000 after acquiring an additional 8,500 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Trading Up 0.1%

Shares of NASDAQ:VTIP opened at $50.05 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a twelve month low of $48.04 and a twelve month high of $50.29. The company has a 50-day moving average price of $49.92 and a two-hundred day moving average price of $49.37.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were paid a dividend of $0.0978 per share. This represents a $0.39 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date was Tuesday, April 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.