Essex Financial Services Inc. Lowers Position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Essex Financial Services Inc. cut its holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 1.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,752 shares of the company’s stock after selling 401 shares during the quarter. Essex Financial Services Inc.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $1,223,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in VTIP. FMR LLC raised its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 5,743.4% in the third quarter. FMR LLC now owns 16,009,404 shares of the company’s stock worth $756,925,000 after purchasing an additional 15,735,428 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 36.4% during the third quarter. JPMorgan Chase & Co. now owns 6,765,187 shares of the company’s stock valued at $319,858,000 after acquiring an additional 1,803,700 shares in the last quarter. Charles Schwab Investment Management Inc. acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the third quarter valued at about $82,005,000. Beacon Capital Management Inc. acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the fourth quarter valued at about $67,104,000. Finally, Wealthfront Advisers LLC increased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 165.7% during the third quarter. Wealthfront Advisers LLC now owns 1,316,741 shares of the company’s stock valued at $62,256,000 after acquiring an additional 821,174 shares in the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

VTIP opened at $47.84 on Thursday. Vanguard Short-Term Inflation-Protected Securities ETF has a 52-week low of $46.70 and a 52-week high of $48.17. The firm’s 50-day moving average price is $47.78 and its 200-day moving average price is $47.59.

Vanguard Short-Term Inflation-Protected Securities ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were issued a dividend of $0.0267 per share. The ex-dividend date was Monday, April 1st. This represents a $0.11 annualized dividend and a dividend yield of 0.22%.

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.