Brown Wealth Management LLC Increases Stake in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Brown Wealth Management LLC lifted its stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 34.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 89,432 shares of the company’s stock after buying an additional 22,882 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF makes up about 1.3% of Brown Wealth Management LLC’s investment portfolio, making the stock its 22nd largest position. Brown Wealth Management LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $4,528,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 39.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 25,836,915 shares of the company’s stock valued at $1,298,822,000 after purchasing an additional 7,272,592 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 79.3% in the second quarter. Envestnet Asset Management Inc. now owns 4,082,483 shares of the company’s stock worth $205,226,000 after purchasing an additional 1,805,350 shares during the last quarter. Wealthspire Advisors LLC lifted 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 worth $348,964,000 after buying an additional 817,434 shares in the last quarter. Fund Evaluation Group LLC bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the second quarter valued at approximately $40,814,000. Finally, Corient Private Wealth LLC boosted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 77.5% during the second quarter. Corient Private Wealth LLC now owns 1,732,394 shares of the company’s stock valued at $87,088,000 after buying an additional 756,324 shares during the last quarter.

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

NASDAQ:VTIP opened at $49.64 on Tuesday. Vanguard Short-Term Inflation-Protected Securities ETF has a 1 year low of $48.85 and a 1 year high of $50.81. The stock’s 50 day simple moving average is $49.72 and its two-hundred day simple moving average is $50.09.

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.