Total Wealth Planning LLC Trims Position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Total Wealth Planning LLC decreased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 5.0% during the first quarter, HoldingsChannel reports. The firm owned 64,745 shares of the company’s stock after selling 3,405 shares during the period. Total Wealth Planning LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $3,231,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in VTIP. Lowe Wealth Advisors LLC raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 67.8% in the 1st quarter. Lowe Wealth Advisors LLC now owns 619 shares of the company’s stock valued at $31,000 after purchasing an additional 250 shares in the last quarter. 10Elms LLP bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 4th quarter valued at about $39,000. VSM Wealth Advisory LLC bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 4th quarter valued at about $47,000. Rialto Wealth Management LLC bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 4th quarter valued at about $58,000. Finally, Murphy & Mullick Capital Management Corp bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 4th quarter valued at about $67,000.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

NASDAQ:VTIP opened at $49.89 on Thursday. Vanguard Short-Term Inflation-Protected Securities ETF has a one year low of $48.04 and a one year high of $50.29. The firm has a 50-day simple moving average of $49.89 and a 200-day simple moving average of $49.33.

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 issued a $0.0978 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $0.39 annualized dividend and a dividend yield of 0.78%.

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.