Miracle Mile Advisors LLC Decreases Holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Miracle Mile Advisors LLC trimmed its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 42.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,101 shares of the company’s stock after selling 6,063 shares during the period. Miracle Mile Advisors LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $404,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of VTIP. Van Strum & Towne Inc. lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 345,664.2% in the 4th quarter. Van Strum & Towne Inc. now owns 922,917,195 shares of the company’s stock valued at $44,687,651,000 after purchasing an additional 922,650,274 shares during the last quarter. Wealthfront Advisers LLC lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 4,381.7% in the 4th quarter. Wealthfront Advisers LLC now owns 22,737,700 shares of the company’s stock valued at $1,100,959,000 after purchasing an additional 22,230,349 shares during the last quarter. Essential Planning LLC. lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 6,374.1% in the 4th quarter. Essential Planning LLC. now owns 6,826,984 shares of the company’s stock valued at $333,576,000 after purchasing an additional 6,721,533 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 9.4% in the 4th quarter. JPMorgan Chase & Co. now owns 21,091,622 shares of the company’s stock valued at $1,021,256,000 after purchasing an additional 1,806,098 shares during the last quarter. Finally, Wealthspire Advisors LLC lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 36.7% in the 4th quarter. Wealthspire Advisors LLC now owns 2,750,327 shares of the company’s stock valued at $133,171,000 after purchasing an additional 737,805 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Shares of VTIP stock opened at $49.86 on Wednesday. Vanguard Short-Term Inflation-Protected Securities ETF has a 52-week low of $48.04 and a 52-week high of $50.29. The stock’s 50-day moving average price is $49.89 and its 200 day moving average price is $49.33.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were given a dividend of $0.0978 per share. This represents a $0.39 annualized dividend and a yield of 0.78%. The ex-dividend date was Tuesday, April 1st.

Vanguard Short-Term Inflation-Protected Securities ETF 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.