NFP Retirement Inc. Trims Holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

NFP Retirement Inc. reduced its stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 36.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 11,805 shares of the company’s stock after selling 6,911 shares during the period. NFP Retirement Inc.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $572,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Kovitz Investment Group Partners LLC acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the 3rd quarter valued at approximately $579,000. M&T Bank Corp acquired a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the third quarter valued at $472,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 3rd quarter valued at $265,000. Synovus Financial Corp lifted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 68.3% during the 3rd quarter. Synovus Financial Corp now owns 26,033 shares of the company’s stock worth $1,284,000 after acquiring an additional 10,566 shares in the last quarter. Finally, Beaird Harris Wealth Management LLC boosted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 3.3% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 829,871 shares of the company’s stock valued at $40,921,000 after acquiring an additional 26,192 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of NASDAQ VTIP opened at $49.57 on Friday. The stock’s 50-day simple moving average is $49.43 and its 200-day simple moving average is $49.02. Vanguard Short-Term Inflation-Protected Securities ETF has a fifty-two week low of $47.73 and a fifty-two week high of $50.14.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were paid a dividend of $0.0978 per share. This represents a $0.39 annualized dividend and a dividend yield of 0.79%. The ex-dividend date was Tuesday, April 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.