K2 Financial Inc. Sells 51,313 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

K2 Financial Inc. reduced its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 73.7% in the first quarter, HoldingsChannel reports. The firm owned 18,304 shares of the company’s stock after selling 51,313 shares during the period. K2 Financial Inc.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $918,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sage Rhino Capital LLC lifted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 7.0% during the first quarter. Sage Rhino Capital LLC now owns 67,191 shares of the company’s stock valued at $3,356,000 after buying an additional 4,422 shares during the last quarter. Fischer Financial Services Inc. grew its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1.2% in the 1st quarter. Fischer Financial Services Inc. now owns 17,390 shares of the company’s stock worth $869,000 after buying an additional 200 shares during the last quarter. Red Mountain Financial LLC purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 1st quarter worth approximately $215,000. Arbor Investment Advisors LLC raised its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 2.9% during the 1st quarter. Arbor Investment Advisors LLC now owns 46,911 shares of the company’s stock worth $2,343,000 after acquiring an additional 1,336 shares in the last quarter. Finally, Kathmere Capital Management LLC raised its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 106.2% during the 1st quarter. Kathmere Capital Management LLC now owns 59,172 shares of the company’s stock worth $2,956,000 after acquiring an additional 30,469 shares in the last quarter.

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

NASDAQ:VTIP traded down $0.01 during midday trading on Tuesday, reaching $49.64. 747,550 shares of the stock traded hands, compared to its average volume of 2,650,483. Vanguard Short-Term Inflation-Protected Securities ETF has a 12-month low of $49.35 and a 12-month high of $50.81. The business has a 50-day moving average of $50.26 and a two-hundred day moving average of $49.94.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.6804 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This is a boost 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 dividend yield of 5.5%.

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.