Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) Position Lessened by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC reduced its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 18.5% in the third quarter, Holdings Channel.com reports. The institutional investor owned 141,833 shares of the company’s stock after selling 32,181 shares during the period. Axxcess Wealth Management LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $6,994,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the stock. ORG Partners LLC bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the second quarter worth about $27,000. Macroview Investment Management LLC boosted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 18,466.7% during the 3rd quarter. Macroview Investment Management LLC now owns 557 shares of the company’s stock worth $27,000 after acquiring an additional 554 shares during the period. Family Firm Inc. bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the second quarter valued at about $31,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the second quarter worth about $33,000. Finally, EverSource Wealth Advisors LLC grew its position in Vanguard Short-Term Inflation-Protected Securities ETF by 359.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,253 shares of the company’s stock valued at $61,000 after buying an additional 980 shares in the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

VTIP stock opened at $48.89 on Friday. The firm’s 50-day moving average is $48.98 and its two-hundred day moving average is $48.56. Vanguard Short-Term Inflation-Protected Securities ETF has a 52 week low of $47.17 and a 52 week high of $49.41.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Tuesday, October 1st were issued a dividend of $0.308 per share. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.23 annualized dividend and a yield of 2.52%.

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.