Pillar Financial Advisors LLC Sells 206 Shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Pillar Financial Advisors LLC cut its holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 1.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,664 shares of the company’s stock after selling 206 shares during the period. Vanguard Short-Term Inflation-Protected Securities ETF makes up approximately 0.5% of Pillar Financial Advisors LLC’s portfolio, making the stock its 26th biggest position. Pillar Financial Advisors LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $632,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Jones Financial Companies Lllp raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 157.8% during the 4th quarter. Jones Financial Companies Lllp now owns 18,369 shares of the company’s stock worth $889,000 after buying an additional 11,245 shares during the period. Smartleaf Asset Management LLC raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 18.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,525 shares of the company’s stock worth $74,000 after buying an additional 235 shares during the period. Global Retirement Partners LLC raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 30.6% during the 4th quarter. Global Retirement Partners LLC now owns 3,345 shares of the company’s stock worth $162,000 after buying an additional 784 shares during the period. Farmers & Merchants Investments Inc. raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 0.9% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 334,605 shares of the company’s stock worth $16,202,000 after buying an additional 2,910 shares during the period. Finally, Michael A. Dubis Financial Planning LLC acquired a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the 4th quarter worth approximately $851,000.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Down 0.2%

VTIP stock opened at $49.85 on Friday. The stock’s 50 day simple moving average is $49.90 and its 200 day simple moving average is $49.31. Vanguard Short-Term Inflation-Protected Securities ETF has a fifty-two week low of $48.04 and a fifty-two week high of $50.29.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were issued a dividend of $0.0978 per share. This represents a $0.39 dividend on an annualized basis and a yield of 0.78%. The ex-dividend date of this dividend was Tuesday, April 1st.

Vanguard Short-Term Inflation-Protected Securities ETF Company 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.