Exchange Traded Concepts LLC Cuts Stake in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Exchange Traded Concepts LLC cut its holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 26.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,753 shares of the company’s stock after selling 25,144 shares during the period. Exchange Traded Concepts LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $3,582,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. WPG Advisers LLC bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the first quarter valued at approximately $234,000. OLD Mission Capital LLC increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 27.8% in the 1st quarter. OLD Mission Capital LLC now owns 22,895 shares of the company’s stock valued at $1,142,000 after acquiring an additional 4,981 shares during the last quarter. Calton & Associates Inc. bought a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the 1st quarter valued at $662,000. MAI Capital Management lifted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 2,163.8% in the 1st quarter. MAI Capital Management now owns 49,306 shares of the company’s stock worth $2,460,000 after purchasing an additional 47,128 shares in the last quarter. Finally, Royal Bank of Canada boosted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1.9% during the 1st quarter. Royal Bank of Canada now owns 501,396 shares of the company’s stock valued at $25,020,000 after purchasing an additional 9,229 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Up 0.3%

Shares of VTIP stock opened at $49.54 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a 12-month low of $48.30 and a 12-month high of $50.81. The stock’s 50-day moving average price is $50.03 and its 200-day moving average price is $50.17.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were issued a dividend of $0.6481 per share. This is a positive change from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.43. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a $2.59 annualized dividend and a dividend yield of 5.2%.

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.