Richmond Brothers Inc. Buys 25,792 Shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Richmond Brothers Inc. increased its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 36.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 96,553 shares of the company’s stock after acquiring an additional 25,792 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF makes up about 3.0% of Richmond Brothers Inc.’s portfolio, making the stock its 13th largest position. Richmond Brothers Inc.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $4,675,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Van Strum & Towne Inc. boosted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 345,664.2% during the fourth quarter. Van Strum & Towne Inc. now owns 922,917,195 shares of the company’s stock worth $44,687,651,000 after acquiring an additional 922,650,274 shares in the last quarter. Wealthfront Advisers LLC boosted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 4,381.7% during the fourth quarter. Wealthfront Advisers LLC now owns 22,737,700 shares of the company’s stock worth $1,100,959,000 after acquiring an additional 22,230,349 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 2,586.5% during the third quarter. JPMorgan Chase & Co. now owns 19,285,524 shares of the company’s stock worth $950,969,000 after buying an additional 18,567,654 shares during the last quarter. Essential Planning LLC. raised its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 6,374.1% during the fourth quarter. Essential Planning LLC. now owns 6,826,984 shares of the company’s stock worth $333,576,000 after buying an additional 6,721,533 shares during the last quarter. Finally, Valmark Advisers Inc. raised its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 0.9% during the fourth quarter. Valmark Advisers Inc. now owns 5,804,617 shares of the company’s stock worth $281,060,000 after buying an additional 50,040 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

VTIP opened at $49.42 on Wednesday. The company’s fifty day moving average price is $49.01 and its two-hundred day moving average price is $48.93. Vanguard Short-Term Inflation-Protected Securities ETF has a 1-year low of $47.71 and a 1-year high of $49.62.

Vanguard Short-Term Inflation-Protected Securities ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were issued a dividend of $0.529 per share. The ex-dividend date of this dividend was Tuesday, December 24th.

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.