Betterment LLC Sells 291,046 Shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Betterment LLC trimmed its position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 10.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,514,610 shares of the company’s stock after selling 291,046 shares during the quarter. Betterment LLC owned 1.02% of Vanguard Short-Term Inflation-Protected Securities ETF worth $121,757,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. VSM Wealth Advisory LLC acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter valued at approximately $47,000. Rialto Wealth Management LLC bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter valued at about $58,000. Murphy & Mullick Capital Management Corp bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter valued at about $67,000. Smartleaf Asset Management LLC boosted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 18.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,525 shares of the company’s stock valued at $74,000 after purchasing an additional 235 shares in the last quarter. Finally, Transce3nd LLC bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the fourth quarter worth about $97,000.

Vanguard Short-Term Inflation-Protected Securities ETF Trading Up 0.1 %

Shares of NASDAQ VTIP opened at $50.02 on Friday. The company has a 50 day simple moving average of $49.60 and a 200 day simple moving average of $49.08. Vanguard Short-Term Inflation-Protected Securities ETF has a 1 year low of $47.76 and a 1 year high of $50.14.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were paid a dividend of $0.0978 per share. This represents a $0.39 annualized dividend and a dividend yield of 0.78%. The ex-dividend date was Tuesday, April 1st.

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.