Essex Financial Services Inc. Sells 10,514 Shares of Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Essex Financial Services Inc. cut its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 66.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,196 shares of the company’s stock after selling 10,514 shares during the quarter. Essex Financial Services Inc.’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $257,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VTIP. Ancora Advisors LLC bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the third quarter valued at $25,000. Cornerstone Planning Group LLC lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 330.8% during the third quarter. Cornerstone Planning Group LLC now owns 504 shares of the company’s stock valued at $26,000 after acquiring an additional 387 shares during the period. Millstone Evans Group LLC lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 73.2% during the fourth quarter. Millstone Evans Group LLC now owns 703 shares of the company’s stock valued at $35,000 after acquiring an additional 297 shares during the period. TD Waterhouse Canada Inc. lifted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 583.3% during the third quarter. TD Waterhouse Canada Inc. now owns 738 shares of the company’s stock valued at $37,000 after acquiring an additional 630 shares during the period. Finally, Torren Management LLC bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the fourth quarter valued at $47,000.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of NASDAQ VTIP opened at $50.45 on Thursday. The business has a fifty day moving average of $50.20 and a two-hundred day moving average of $49.93. Vanguard Short-Term Inflation-Protected Securities ETF has a 52-week low of $49.35 and a 52-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 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.