TAP Consulting LLC Sells 117,475 Shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

TAP Consulting LLC lessened its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 49.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 118,644 shares of the company’s stock after selling 117,475 shares during the period. Vanguard Short-Term Inflation-Protected Securities ETF accounts for 1.3% of TAP Consulting LLC’s portfolio, making the stock its 19th largest position. TAP Consulting LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $5,634,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in VTIP. FMR LLC grew its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 5,743.4% during the third quarter. FMR LLC now owns 16,009,404 shares of the company’s stock valued at $756,925,000 after purchasing an additional 15,735,428 shares during the period. JPMorgan Chase & Co. grew its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 36.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,765,187 shares of the company’s stock valued at $319,858,000 after acquiring an additional 1,803,700 shares during the period. Charles Schwab Investment Management Inc. bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 3rd quarter valued at about $82,005,000. Beacon Capital Management Inc. bought a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter valued at approximately $67,104,000. Finally, Wealthfront Advisers LLC raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 165.7% in the 3rd quarter. Wealthfront Advisers LLC now owns 1,316,741 shares of the company’s stock valued at $62,256,000 after acquiring an additional 821,174 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Shares of VTIP stock traded down $0.03 during midday trading on Thursday, hitting $47.82. 984,347 shares of the company were exchanged, compared to its average volume of 1,272,371. Vanguard Short-Term Inflation-Protected Securities ETF has a 52 week low of $46.70 and a 52 week high of $48.17. The firm’s 50 day moving average price is $47.75 and its two-hundred day moving average price is $47.56.

Vanguard Short-Term Inflation-Protected Securities ETF Announces Dividend

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

About Vanguard Short-Term Inflation-Protected Securities ETF

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.