Richmond Brothers Inc. Increases Stock Position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Richmond Brothers Inc. grew its position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 36.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 96,553 shares of the company’s stock after purchasing an additional 25,792 shares during the period. Vanguard Short-Term Inflation-Protected Securities ETF comprises about 3.0% of Richmond Brothers Inc.’s portfolio, making the stock its 13th largest position. Richmond Brothers Inc.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $4,675,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in VTIP. Schwallier Wealth Management LLC raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 4.4% in the third quarter. Schwallier Wealth Management LLC now owns 68,700 shares of the company’s stock valued at $3,388,000 after purchasing an additional 2,911 shares during the last quarter. BIP Wealth LLC raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 45.7% in the third quarter. BIP Wealth LLC now owns 12,111 shares of the company’s stock valued at $597,000 after purchasing an additional 3,797 shares during the last quarter. Tradewinds LLC. increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 9.5% during the third quarter. Tradewinds LLC. now owns 39,626 shares of the company’s stock worth $1,954,000 after buying an additional 3,428 shares during the last quarter. Altiora Financial Group LLC increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 1.9% during the third quarter. Altiora Financial Group LLC now owns 63,905 shares of the company’s stock worth $3,151,000 after buying an additional 1,207 shares during the last quarter. Finally, Wrenne Financial Planning LLC increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 48.2% during the third quarter. Wrenne Financial Planning LLC now owns 16,565 shares of the company’s stock worth $817,000 after buying an additional 5,384 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

NASDAQ VTIP opened at $49.42 on Wednesday. Vanguard Short-Term Inflation-Protected Securities ETF has a 52-week low of $47.71 and a 52-week high of $49.62. The company has a 50-day simple moving average of $49.01 and a 200 day simple moving average of $48.93.

Vanguard Short-Term Inflation-Protected Securities ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were issued a dividend of $0.529 per share. The ex-dividend date was Tuesday, December 24th.

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.