D.A. Davidson & CO. Sells 12,689 Shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

D.A. Davidson & CO. trimmed its stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 21.0% during the third quarter, Holdings Channel reports. The fund owned 47,874 shares of the company’s stock after selling 12,689 shares during the period. D.A. Davidson & CO.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $2,361,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Comerica Bank grew its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 12.0% during the first quarter. Comerica Bank now owns 64,240 shares of the company’s stock valued at $3,076,000 after purchasing an additional 6,907 shares during the period. Cetera Advisors LLC lifted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 54.5% during the first quarter. Cetera Advisors LLC now owns 180,116 shares of the company’s stock valued at $8,626,000 after purchasing an additional 63,534 shares during the last quarter. Massmutual Trust Co. FSB ADV bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the 2nd quarter worth approximately $615,000. Peirce Capital Management LLC grew its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 2.3% in the second quarter. Peirce Capital Management LLC now owns 123,714 shares of the company’s stock valued at $6,005,000 after purchasing an additional 2,765 shares in the last quarter. Finally, Roth Financial Partners LLC purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the 2nd quarter valued at about $219,000.

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

Shares of VTIP stock opened at $49.00 on Friday. The business’s fifty day moving average is $48.92 and its 200 day moving average is $48.65. Vanguard Short-Term Inflation-Protected Securities ETF has a 52-week low of $47.37 and a 52-week high of $49.41.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Tuesday, October 1st were issued a $0.308 dividend. This represents a $1.23 dividend on an annualized basis and a dividend yield of 2.51%. The ex-dividend date was Tuesday, October 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.