Focus Partners Advisor Solutions LLC Sells 2,642,625 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Focus Partners Advisor Solutions LLC trimmed its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 70.6% during the fourth quarter, HoldingsChannel reports. The fund owned 1,101,118 shares of the company’s stock after selling 2,642,625 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF comprises 0.7% of Focus Partners Advisor Solutions LLC’s holdings, making the stock its 27th largest position. Focus Partners Advisor Solutions LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $54,461,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Klingman & Associates LLC grew its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 17.3% during the 4th quarter. Klingman & Associates LLC now owns 2,087,310 shares of the company’s stock worth $103,238,000 after acquiring an additional 307,650 shares during the last quarter. BOK Financial Private Wealth Inc. grew its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 7.5% during the 4th quarter. BOK Financial Private Wealth Inc. now owns 1,573,390 shares of the company’s stock worth $77,820,000 after acquiring an additional 109,570 shares during the last quarter. Financial Consulate Inc. grew its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 13.1% during the 4th quarter. Financial Consulate Inc. now owns 557,604 shares of the company’s stock worth $27,579,000 after acquiring an additional 64,482 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 33.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 47,244 shares of the company’s stock worth $2,392,000 after acquiring an additional 11,837 shares during the last quarter. Finally, Focus Partners Wealth grew its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 10.9% during the 3rd quarter. Focus Partners Wealth now owns 3,584,886 shares of the company’s stock worth $181,742,000 after acquiring an additional 351,336 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

VTIP opened at $50.31 on Tuesday. Vanguard Short-Term Inflation-Protected Securities ETF has a fifty-two week low of $49.35 and a fifty-two week high of $50.81. The company’s 50 day moving average price is $50.24 and its two-hundred day moving average price is $49.94.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st were paid a $0.0227 dividend. This represents a $0.09 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Wednesday, 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.