Laurel Wealth Advisors LLC Sells 607,069 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Laurel Wealth Advisors LLC cut its stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 97.2% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 17,285 shares of the company’s stock after selling 607,069 shares during the quarter. Laurel Wealth Advisors LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $875,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in VTIP. JPMorgan Chase & Co. grew its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 11.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 28,695,157 shares of the company’s stock valued at $1,452,836,000 after buying an additional 2,858,242 shares in the last quarter. Wealthspire Advisors LLC boosted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 13.3% in the second quarter. Wealthspire Advisors LLC now owns 6,941,794 shares of the company’s stock valued at $348,964,000 after acquiring an additional 817,434 shares during the period. Valmark Advisers Inc. grew its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 4.3% during the third quarter. Valmark Advisers Inc. now owns 6,401,575 shares of the company’s stock valued at $324,112,000 after acquiring an additional 263,810 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 5.3% during the 3rd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 4,300,563 shares of the company’s stock worth $217,738,000 after acquiring an additional 216,471 shares during the period. Finally, Bank of America Corp DE increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 10.4% during the 2nd quarter. Bank of America Corp DE now owns 3,932,999 shares of the company’s stock worth $197,712,000 after acquiring an additional 370,400 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of NASDAQ:VTIP opened at $49.90 on Monday. The firm has a fifty day moving average price of $49.60 and a two-hundred day moving average price of $50.03. Vanguard Short-Term Inflation-Protected Securities ETF has a one year low of $49.27 and a one year high of $50.81.

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.