Keystone Financial Group Inc. Sells 60,873 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Keystone Financial Group Inc. reduced its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 85.6% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 10,258 shares of the company’s stock after selling 60,873 shares during the quarter. Keystone Financial Group Inc.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $514,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Garrison Bradford & Associates Inc. bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the first quarter valued at about $25,000. Wayfinding Financial LLC bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the first quarter valued at about $26,000. Hager Investment Management Services LLC bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the first quarter valued at about $27,000. First Pacific Financial bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the second quarter valued at about $33,000. Finally, Rossby Financial LCC bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the first quarter valued at about $36,000.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of VTIP opened at $49.99 on Friday. The company’s 50-day moving average is $50.46 and its 200-day moving average is $50.10. Vanguard Short-Term Inflation-Protected Securities ETF has a fifty-two week low of $48.28 and a fifty-two week high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were given a $0.6481 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This is a boost from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.43. This represents a $2.59 annualized dividend and a dividend yield of 5.2%.

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.