Connable Office Inc. Trims Position in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Connable Office Inc. trimmed its holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 12.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 227,839 shares of the company’s stock after selling 32,875 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF comprises 1.0% of Connable Office Inc.’s investment portfolio, making the stock its 17th largest holding. Connable Office Inc.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $11,269,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Ancora Advisors LLC purchased a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the third quarter valued at about $25,000. Westfuller Advisors LLC purchased a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the third quarter valued at about $26,000. Cornerstone Planning Group LLC increased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 330.8% in the third quarter. Cornerstone Planning Group LLC now owns 504 shares of the company’s stock valued at $26,000 after purchasing an additional 387 shares during the period. Millstone Evans Group LLC increased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 73.2% in the fourth quarter. Millstone Evans Group LLC now owns 703 shares of the company’s stock valued at $35,000 after purchasing an additional 297 shares during the period. Finally, TD Waterhouse Canada Inc. increased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 583.3% in the third quarter. TD Waterhouse Canada Inc. now owns 738 shares of the company’s stock valued at $37,000 after purchasing an additional 630 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

NASDAQ:VTIP opened at $50.40 on Friday. The stock’s 50 day simple moving average is $50.03 and its 200-day simple moving average is $49.90. Vanguard Short-Term Inflation-Protected Securities ETF has a 12-month low of $49.35 and a 12-month high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st were issued a $0.0227 dividend. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a $0.09 dividend on an annualized basis and a dividend yield of 0.2%.

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.