Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) Shares Sold by Bank of America Corp DE

Bank of America Corp DE trimmed its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 0.9% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,396,557 shares of the company’s stock after selling 31,645 shares during the quarter. Bank of America Corp DE’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $164,461,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of VTIP. JPMorgan Chase & Co. boosted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 2,586.5% in 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 period. Hilltop National Bank raised its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 14.8% during the fourth quarter. Hilltop National Bank now owns 4,224 shares of the company’s stock valued at $205,000 after purchasing an additional 543 shares during the period. Tilia Fiduciary Partners Inc. lifted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 22.2% during the fourth quarter. Tilia Fiduciary Partners Inc. now owns 15,624 shares of the company’s stock worth $757,000 after purchasing an additional 2,838 shares in the last quarter. Graypoint LLC boosted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 23.8% in the fourth quarter. Graypoint LLC now owns 29,501 shares of the company’s stock valued at $1,428,000 after purchasing an additional 5,680 shares during the period. Finally, Brookstone Capital Management grew its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 15.3% during the 4th quarter. Brookstone Capital Management now owns 11,268 shares of the company’s stock valued at $546,000 after purchasing an additional 1,499 shares in the last quarter.

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

Shares of VTIP stock opened at $50.02 on Friday. The company’s fifty day moving average price is $49.75 and its two-hundred day moving average price is $49.15. Vanguard Short-Term Inflation-Protected Securities ETF has a 12 month low of $48.04 and a 12 month high of $50.29.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were paid a dividend of $0.0978 per share. The ex-dividend date was Tuesday, April 1st. This represents a $0.39 dividend on an annualized basis and a 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.