Modern Wealth Management LLC Purchases Shares of 117,625 Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Modern Wealth Management LLC acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 117,625 shares of the company’s stock, valued at approximately $5,759,000.

Several other hedge funds and other institutional investors have also made changes to their positions in VTIP. VSM Wealth Advisory LLC purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter valued at approximately $47,000. Rialto Wealth Management LLC acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the 4th quarter worth $58,000. Smartleaf Asset Management LLC lifted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 18.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,525 shares of the company’s stock valued at $74,000 after acquiring an additional 235 shares during the last quarter. Cape Investment Advisory Inc. boosted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 20.6% in the fourth quarter. Cape Investment Advisory Inc. now owns 2,123 shares of the company’s stock valued at $103,000 after acquiring an additional 363 shares in the last quarter. Finally, CENTRAL TRUST Co grew its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 177.7% during the fourth quarter. CENTRAL TRUST Co now owns 2,458 shares of the company’s stock worth $119,000 after purchasing an additional 1,573 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

NASDAQ:VTIP opened at $49.56 on Tuesday. The stock’s 50 day moving average price is $49.10 and its 200 day moving average price is $48.96. Vanguard Short-Term Inflation-Protected Securities ETF has a 52-week low of $47.71 and a 52-week high of $49.65.

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.