Pekin Hardy Strauss Inc. Sells 663 Shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Pekin Hardy Strauss Inc. cut its position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 2.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,040 shares of the company’s stock after selling 663 shares during the quarter. Pekin Hardy Strauss Inc.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $1,580,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in VTIP. Macroview Investment Management LLC boosted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 18,466.7% during the 3rd quarter. Macroview Investment Management LLC now owns 557 shares of the company’s stock worth $27,000 after acquiring an additional 554 shares during the period. ORG Partners LLC acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the second quarter valued at $27,000. Family Firm Inc. bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the second quarter valued at about $31,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 2nd quarter worth about $33,000. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 359.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,253 shares of the company’s stock worth $61,000 after buying an additional 980 shares during the last quarter.

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

Shares of VTIP opened at $48.87 on Friday. The firm’s 50-day simple moving average is $48.95 and its 200 day simple moving average is $48.62. Vanguard Short-Term Inflation-Protected Securities ETF has a 52 week low of $47.37 and a 52 week high of $49.41.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

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

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.