Richmond Brothers Inc. Has $4.39 Million Stake in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Richmond Brothers Inc. cut its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 29.4% during the third quarter, Holdings Channel reports. The fund owned 86,613 shares of the company’s stock after selling 36,078 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF comprises about 2.8% of Richmond Brothers Inc.’s holdings, making the stock its 14th biggest holding. Richmond Brothers Inc.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $4,385,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Westfuller Advisors LLC acquired a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 3rd quarter worth about $26,000. Cornerstone Planning Group LLC raised its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 330.8% in the 3rd quarter. Cornerstone Planning Group LLC now owns 504 shares of the company’s stock valued at $26,000 after acquiring an additional 387 shares during the period. Parkworth Wealth Management Inc. increased its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 2,296.0% during the second quarter. Parkworth Wealth Management Inc. now owns 599 shares of the company’s stock worth $30,000 after purchasing an additional 574 shares during the period. TD Waterhouse Canada Inc. lifted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 583.3% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 738 shares of the company’s stock worth $37,000 after purchasing an additional 630 shares during the last quarter. Finally, Cullen Frost Bankers Inc. boosted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 77.6% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 783 shares of the company’s stock valued at $39,000 after purchasing an additional 342 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Up 0.1%

Shares of NASDAQ VTIP opened at $49.74 on Friday. The stock’s fifty day moving average price is $49.61 and its two-hundred day moving average price is $50.05. Vanguard Short-Term Inflation-Protected Securities ETF has a one year low of $49.07 and a one year high of $50.81.

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.