Dravo Bay LLC Sells 840 Shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Dravo Bay LLC trimmed its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 1.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 47,754 shares of the company’s stock after selling 840 shares during the period. Vanguard Short-Term Inflation-Protected Securities ETF comprises 1.5% of Dravo Bay LLC’s holdings, making the stock its 17th biggest holding. Dravo Bay LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $2,268,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Baker Avenue Asset Management LP purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the third quarter valued at about $27,000. Blue Trust Inc. raised its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 175.1% during the 4th quarter. Blue Trust Inc. now owns 674 shares of the company’s stock worth $32,000 after acquiring an additional 429 shares in the last quarter. ORG Partners LLC lifted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 151.9% during the fourth quarter. ORG Partners LLC now owns 680 shares of the company’s stock valued at $33,000 after acquiring an additional 410 shares during the last quarter. Financial Gravity Asset Management Inc. boosted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 1,927.7% in the third quarter. Financial Gravity Asset Management Inc. now owns 953 shares of the company’s stock valued at $45,000 after acquiring an additional 906 shares in the last quarter. Finally, Parkside Financial Bank & Trust purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter worth $70,000.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Shares of VTIP stock remained flat at $48.00 during trading hours on Wednesday. The stock had a trading volume of 677,744 shares, compared to its average volume of 1,212,875. Vanguard Short-Term Inflation-Protected Securities ETF has a 1-year low of $46.70 and a 1-year high of $48.17. The firm has a 50-day moving average price of $47.83 and a two-hundred day moving average price of $47.62.

Vanguard Short-Term Inflation-Protected Securities ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were paid a $0.0267 dividend. The ex-dividend date of this dividend was Monday, April 1st. This represents a $0.11 dividend on an annualized basis and a yield of 0.22%.

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.