Phillips Financial Management LLC Cuts Holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Phillips Financial Management LLC lessened its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 10.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 113,306 shares of the company’s stock after selling 13,504 shares during the period. Phillips Financial Management LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $5,587,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VTIP. ORG Partners LLC purchased a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 2nd quarter worth about $27,000. Macroview Investment Management LLC grew its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 18,466.7% during the third quarter. Macroview Investment Management LLC now owns 557 shares of the company’s stock worth $27,000 after buying an additional 554 shares during the period. Family Firm Inc. acquired a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the second quarter worth $31,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 2nd quarter valued at $33,000. Finally, EverSource Wealth Advisors LLC increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 359.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,253 shares of the company’s stock valued at $61,000 after purchasing an additional 980 shares in the last quarter.

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

VTIP stock opened at $48.80 on Monday. The stock has a 50-day simple moving average of $48.97 and a 200-day simple moving average of $48.59. Vanguard Short-Term Inflation-Protected Securities ETF has a 1 year low of $47.37 and a 1 year high of $49.41.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Tuesday, October 1st were paid a $0.308 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.23 annualized dividend and a dividend yield of 2.52%.

Vanguard Short-Term Inflation-Protected Securities ETF 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.