Kerntke Otto McGlone Wealth Management Group Trims Stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Kerntke Otto McGlone Wealth Management Group reduced its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 19.0% during the 4th quarter, HoldingsChannel reports. The fund owned 27,057 shares of the company’s stock after selling 6,351 shares during the period. Vanguard Short-Term Inflation-Protected Securities ETF accounts for 1.3% of Kerntke Otto McGlone Wealth Management Group’s portfolio, making the stock its 19th biggest position. Kerntke Otto McGlone Wealth Management Group’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $1,285,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of VTIP. FMR LLC raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 5,743.4% during the third quarter. FMR LLC now owns 16,009,404 shares of the company’s stock valued at $756,925,000 after acquiring an additional 15,735,428 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 36.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,765,187 shares of the company’s stock worth $319,858,000 after purchasing an additional 1,803,700 shares during the last quarter. Sei Investments Co. grew its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 3.3% during the third quarter. Sei Investments Co. now owns 6,703,208 shares of the company’s stock worth $316,927,000 after buying an additional 216,413 shares in the last quarter. Valmark Advisers Inc. raised its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 2.2% in the fourth quarter. Valmark Advisers Inc. now owns 5,232,082 shares of the company’s stock valued at $248,472,000 after buying an additional 114,300 shares during the last quarter. Finally, Heritage Wealth Advisors lifted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1.1% in the third quarter. Heritage Wealth Advisors now owns 4,340,451 shares of the company’s stock worth $205,217,000 after buying an additional 47,957 shares in the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

VTIP traded up $0.07 on Friday, reaching $48.02. 710,070 shares of the company’s stock were exchanged, compared to its average volume of 1,233,192. Vanguard Short-Term Inflation-Protected Securities ETF has a twelve month low of $46.70 and a twelve month high of $48.17. The stock’s fifty day moving average price is $47.80 and its 200-day moving average price is $47.59.

Vanguard Short-Term Inflation-Protected Securities ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were issued a dividend of $0.0267 per share. This represents a $0.11 annualized dividend and a dividend yield of 0.22%. The ex-dividend date was Monday, April 1st.

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.