Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) Shares Sold by Phillips Financial Management LLC

Phillips Financial Management LLC lowered its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 10.6% in the third quarter, HoldingsChannel reports. The firm owned 113,306 shares of the company’s stock after selling 13,504 shares during the quarter. Phillips Financial Management LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $5,587,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

NASDAQ:VTIP opened at $48.80 on Monday. Vanguard Short-Term Inflation-Protected Securities ETF has a 1 year low of $47.37 and a 1 year high of $49.41. The business has a fifty day moving average of $48.97 and a 200-day moving average of $48.59.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Shareholders 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 annualized dividend and a yield of 2.52%.

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.