Vanguard Short-Term Inflation-Protected Securities ETF $VTIP Stock Sold by Van Strum & Towne Inc.

Van Strum & Towne Inc. cut its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 9.1% in the 3rd quarter, HoldingsChannel reports. The fund owned 463,942 shares of the company’s stock after selling 46,615 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF makes up 6.5% of Van Strum & Towne Inc.’s investment portfolio, making the stock its 2nd largest position. Van Strum & Towne Inc.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $22,835,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Wealthfront Advisers LLC grew its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 33.6% in the first quarter. Wealthfront Advisers LLC now owns 4,855,031 shares of the company’s stock valued at $242,509,000 after purchasing an additional 1,221,608 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 0.5% during the second quarter. Envestnet Asset Management Inc. now owns 4,345,770 shares of the company’s stock worth $218,279,000 after purchasing an additional 20,953 shares during the period. Bank of America Corp DE increased its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 2.7% during the first quarter. Bank of America Corp DE now owns 3,797,614 shares of the company’s stock worth $189,691,000 after purchasing an additional 100,783 shares during the period. Klingman & Associates LLC increased its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 16.2% during the first quarter. Klingman & Associates LLC now owns 2,425,416 shares of the company’s stock worth $121,150,000 after purchasing an additional 338,106 shares during the period. Finally, Alesco Advisors LLC An ESL Co lifted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 3.0% during the 1st quarter. Alesco Advisors LLC An ESL Co now owns 2,100,623 shares of the company’s stock worth $104,926,000 after purchasing an additional 61,816 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

NASDAQ:VTIP opened at $48.53 on Friday. The stock has a 50 day simple moving average of $48.94 and a 200 day simple moving average of $49.70. Vanguard Short-Term Inflation-Protected Securities ETF has a 1-year low of $48.28 and a 1-year high of $50.48.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 5th. Shareholders of record on Thursday, October 1st were given a dividend of $0.9333 per share. This represents a $3.73 annualized dividend and a yield of 7.7%. The ex-dividend date was Thursday, October 1st. This is a positive change from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.6804.

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.