Prospera Financial Services Inc Sells 3,804 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Prospera Financial Services Inc trimmed its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 19.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,163 shares of the company’s stock after selling 3,804 shares during the quarter. Prospera Financial Services Inc’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $812,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VTIP. Garrison Bradford & Associates Inc. purchased a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the first quarter valued at approximately $25,000. First Pacific Financial bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 2nd quarter valued at approximately $33,000. TFC Financial Management Inc. purchased a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the 2nd quarter valued at $34,000. Cullen Frost Bankers Inc. raised its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 77.6% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 783 shares of the company’s stock valued at $39,000 after buying an additional 342 shares during the period. Finally, ORG Partners LLC bought a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the second quarter worth $42,000.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Down 0.0%

NASDAQ VTIP opened at $50.05 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a 52 week low of $48.28 and a 52 week high of $50.81. The company has a fifty day moving average of $50.30 and a two-hundred day moving average of $50.17.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

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

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.