Stifel Financial Corp Sells 189,657 Shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Stifel Financial Corp reduced its stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 36.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 331,255 shares of the company’s stock after selling 189,657 shares during the period. Stifel Financial Corp owned about 0.14% of Vanguard Short-Term Inflation-Protected Securities ETF worth $16,334,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in VTIP. ORG Partners LLC acquired a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the 2nd quarter worth about $27,000. Physician Wealth Advisors Inc. increased its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 7.9% in the second quarter. Physician Wealth Advisors Inc. now owns 5,030 shares of the company’s stock valued at $243,000 after buying an additional 370 shares during the period. Nova R Wealth Inc. boosted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 5.1% during the 2nd quarter. Nova R Wealth Inc. now owns 136,697 shares of the company’s stock worth $6,635,000 after buying an additional 6,624 shares during the period. Mayport LLC boosted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 22.2% during the 2nd quarter. Mayport LLC now owns 131,006 shares of the company’s stock worth $6,359,000 after buying an additional 23,807 shares during the period. Finally, TruNorth Capital Management LLC bought a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the 2nd quarter worth approximately $228,000.

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

VTIP stock opened at $49.08 on Wednesday. The company has a fifty day moving average price of $48.89 and a 200-day moving average price of $48.70. 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 business also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Tuesday, October 1st were given a dividend of $0.308 per share. This represents a $1.23 annualized dividend and a yield of 2.51%. The ex-dividend date was Tuesday, October 1st.

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.