Austin Asset Management Co Inc Reduces Stake in Vanguard Short-Term Inflation-Protected Securities ETF $VTIP

Austin Asset Management Co Inc cut its stake in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 16.4% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 81,863 shares of the company’s stock after selling 16,039 shares during the quarter. Vanguard Short-Term Inflation-Protected Securities ETF comprises approximately 0.7% of Austin Asset Management Co Inc’s investment portfolio, making the stock its 19th biggest position. Austin Asset Management Co Inc’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $4,089,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Wealthfront Advisers LLC increased its position in Vanguard Short-Term Inflation-Protected Securities ETF by 396.0% during the fourth quarter. Wealthfront Advisers LLC now owns 3,633,423 shares of the company’s stock worth $179,709,000 after purchasing an additional 2,900,809 shares during the last quarter. Cambridge Associates LLC MA ADV raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 39.4% during the fourth quarter. Cambridge Associates LLC MA ADV now owns 6,908,129 shares of the company’s stock worth $341,676,000 after purchasing an additional 1,950,826 shares during the period. Goldman Sachs Group Inc. boosted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 22.1% in the 4th quarter. Goldman Sachs Group Inc. now owns 10,366,837 shares of the company’s stock valued at $512,744,000 after purchasing an additional 1,877,940 shares during the last quarter. Russell Investments Group Ltd. purchased a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 4th quarter valued at approximately $73,135,000. Finally, JPMorgan Chase & Co. grew its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 5.0% in the 4th quarter. JPMorgan Chase & Co. now owns 30,130,365 shares of the company’s stock valued at $1,490,248,000 after buying an additional 1,435,208 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Shares of NASDAQ VTIP opened at $49.65 on Thursday. The company has a 50 day simple moving average of $50.23 and a 200-day simple moving average of $49.94. Vanguard Short-Term Inflation-Protected Securities ETF has a 1 year low of $49.35 and a 1 year high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were given a $0.6804 dividend. The ex-dividend date was Wednesday, July 1st. This is a positive change from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.02. This represents a $2.72 annualized dividend and a yield of 5.5%.

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.