Vanguard Short-Term Inflation-Protected Securities ETF $VTIP Shares Sold by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. reduced its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 14.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 79,850 shares of the company’s stock after selling 14,000 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $3,949,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of VTIP. JPMorgan Chase & Co. increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 11.1% in the third 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 during the last quarter. Valmark Advisers Inc. lifted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 4.9% during the 4th quarter. Valmark Advisers Inc. now owns 6,716,272 shares of the company’s stock worth $332,187,000 after buying an additional 314,697 shares during the last quarter. Cambridge Associates LLC MA ADV boosted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 3.0% during the 3rd quarter. Cambridge Associates LLC MA ADV now owns 4,957,303 shares of the company’s stock worth $250,788,000 after acquiring an additional 146,680 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 8.2% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 4,653,452 shares of the company’s stock worth $230,160,000 after acquiring an additional 352,889 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 10.4% in the 2nd quarter. Bank of America Corp DE now owns 3,932,999 shares of the company’s stock valued at $197,712,000 after acquiring an additional 370,400 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of NASDAQ VTIP opened at $50.14 on Wednesday. The stock’s 50-day simple moving average is $49.92 and its 200-day simple moving average is $49.88. Vanguard Short-Term Inflation-Protected Securities ETF has a fifty-two week low of $49.35 and a fifty-two week high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

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