Vanguard Short-Term Inflation-Protected Securities ETF $VTIP Shares Sold by Independent Wealth Network Inc.

Independent Wealth Network Inc. reduced its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 65.4% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 6,668 shares of the company’s stock after selling 12,630 shares during the period. Independent Wealth Network Inc.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $333,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of VTIP. Verus Financial Partners Inc. boosted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 2.5% in the first quarter. Verus Financial Partners Inc. now owns 284,482 shares of the company’s stock worth $14,267,000 after buying an additional 7,007 shares during the last quarter. LifeWealth Investments LLC lifted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 16.7% in the first quarter. LifeWealth Investments LLC now owns 207,963 shares of the company’s stock valued at $10,388,000 after acquiring an additional 29,760 shares during the period. Boston Standard Wealth Management LLC lifted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 5.0% in the first quarter. Boston Standard Wealth Management LLC now owns 58,701 shares of the company’s stock valued at $2,929,000 after acquiring an additional 2,795 shares during the period. Peirce Capital Management LLC lifted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 5.2% in the first quarter. Peirce Capital Management LLC now owns 131,961 shares of the company’s stock valued at $6,591,000 after acquiring an additional 6,543 shares during the period. Finally, Kestra Private Wealth Services LLC boosted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 10.0% in the 1st quarter. Kestra Private Wealth Services LLC now owns 12,621 shares of the company’s stock worth $630,000 after purchasing an additional 1,146 shares in the last quarter.

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

Shares of NASDAQ VTIP opened at $50.24 on Friday. The firm’s 50 day simple moving average is $50.30 and its 200-day simple moving average is $49.95. Vanguard Short-Term Inflation-Protected Securities ETF has a 12 month low of $49.35 and a 12 month high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

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

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.