Legacy Financial Group Inc. Sells 338 Shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Legacy Financial Group Inc. trimmed its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 0.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 44,608 shares of the company’s stock after selling 338 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF makes up 0.8% of Legacy Financial Group Inc.’s holdings, making the stock its 26th biggest holding. Legacy Financial Group Inc.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $2,165,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the stock. ORG Partners LLC acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the second quarter worth approximately $27,000. Family Firm Inc. acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the second quarter worth approximately $31,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the second quarter worth approximately $33,000. EverSource Wealth Advisors LLC grew its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 181.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 919 shares of the company’s stock worth $44,000 after purchasing an additional 593 shares during the period. Finally, Tortoise Investment Management LLC grew its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 111.8% during the fourth quarter. Tortoise Investment Management LLC now owns 985 shares of the company’s stock worth $47,000 after purchasing an additional 520 shares during the period.

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

NASDAQ VTIP opened at $49.25 on Wednesday. The business has a 50 day simple moving average of $48.65 and a 200 day simple moving average of $48.25. Vanguard Short-Term Inflation-Protected Securities ETF has a one year low of $46.70 and a one year high of $49.26.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 3rd. Investors of record on Monday, July 1st were paid a dividend of $0.444 per share. The ex-dividend date of this dividend was Monday, July 1st. This represents a $1.78 annualized dividend and a yield of 3.61%. This is a boost from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.03.

Vanguard Short-Term Inflation-Protected Securities ETF 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.