Dravo Bay LLC Reduces Stock Position in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Dravo Bay LLC decreased its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 1.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,754 shares of the company’s stock after selling 840 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF accounts for about 1.5% of Dravo Bay LLC’s holdings, making the stock its 17th biggest position. Dravo Bay LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $2,268,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Stratos Wealth Partners LTD. raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 18.4% during the third quarter. Stratos Wealth Partners LTD. now owns 11,012 shares of the company’s stock worth $521,000 after acquiring an additional 1,714 shares during the last quarter. Lindbrook Capital LLC acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the 3rd quarter valued at $128,000. Horizon Financial Services LLC purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the third quarter worth $295,000. Chicago Partners Investment Group LLC increased its position in Vanguard Short-Term Inflation-Protected Securities ETF by 1.8% during the third quarter. Chicago Partners Investment Group LLC now owns 50,861 shares of the company’s stock worth $2,395,000 after buying an additional 905 shares in the last quarter. Finally, CENTRAL TRUST Co acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the third quarter worth $139,000.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of VTIP remained flat at $48.00 during trading hours on Wednesday. The company had a trading volume of 677,744 shares, compared to its average volume of 1,212,875. The company’s fifty day moving average price is $47.83 and its two-hundred day moving average price is $47.62. Vanguard Short-Term Inflation-Protected Securities ETF has a fifty-two week low of $46.70 and a fifty-two week high of $48.17.

Vanguard Short-Term Inflation-Protected Securities ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.0267 per share. The ex-dividend date was Monday, April 1st. This represents a $0.11 annualized dividend and a dividend yield of 0.22%.

Vanguard Short-Term Inflation-Protected Securities ETF 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.