Richmond Brothers Inc. Sells 36,078 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Richmond Brothers Inc. trimmed its stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 29.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 86,613 shares of the company’s stock after selling 36,078 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF makes up about 2.8% of Richmond Brothers Inc.’s portfolio, making the stock its 14th biggest holding. Richmond Brothers Inc.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $4,385,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in VTIP. ARK & TLK Investments LLC boosted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 0.4% in the 3rd quarter. ARK & TLK Investments LLC now owns 54,257 shares of the company’s stock valued at $2,747,000 after buying an additional 219 shares during the last quarter. Soltis Investment Advisors LLC increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 5.3% during the second quarter. Soltis Investment Advisors LLC now owns 4,698 shares of the company’s stock worth $236,000 after buying an additional 237 shares during the last quarter. Oppenheimer & Co. Inc. increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 4.6% during the third quarter. Oppenheimer & Co. Inc. now owns 5,352 shares of the company’s stock worth $271,000 after buying an additional 237 shares during the last quarter. Petra Financial Advisors Inc. raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 5.1% during the second quarter. Petra Financial Advisors Inc. now owns 5,267 shares of the company’s stock worth $265,000 after acquiring an additional 254 shares in the last quarter. Finally, Cullen Frost Bankers Inc. lifted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 37.0% in the third quarter. Cullen Frost Bankers Inc. now owns 1,073 shares of the company’s stock valued at $54,000 after acquiring an additional 290 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of VTIP opened at $49.74 on Friday. The firm has a 50-day moving average of $49.61 and a 200-day moving average of $50.05. Vanguard Short-Term Inflation-Protected Securities ETF has a one year low of $49.07 and a one year high of $50.81.

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.