Richmond Brothers Inc. Sells 27,613 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Richmond Brothers Inc. reduced its holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 31.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 59,000 shares of the company’s stock after selling 27,613 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF comprises 1.9% of Richmond Brothers Inc.’s investment portfolio, making the stock its 18th largest position. Richmond Brothers Inc.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $2,918,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in VTIP. Wealthfront Advisers LLC grew its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 396.0% in the 4th quarter. Wealthfront Advisers LLC now owns 3,633,423 shares of the company’s stock worth $179,709,000 after buying an additional 2,900,809 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 11.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 28,695,157 shares of the company’s stock worth $1,452,836,000 after buying an additional 2,858,242 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 22.1% in the 4th quarter. Goldman Sachs Group Inc. now owns 10,366,837 shares of the company’s stock worth $512,744,000 after buying an additional 1,877,940 shares during the last quarter. BOK Financial Private Wealth Inc. bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 3rd quarter worth approximately $74,113,000. Finally, First Interstate Bank bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 4th quarter worth approximately $68,058,000.

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

Shares of VTIP stock opened at $50.37 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a fifty-two week low of $49.35 and a fifty-two week high of $50.81. The business’s 50 day moving average price is $50.26 and its 200-day moving average price is $49.95.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st were paid a $0.0227 dividend. This represents a $0.09 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Wednesday, 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.