Fortis Capital Management LLC Sells 1,860 Shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Fortis Capital Management LLC reduced its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 19.9% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 7,471 shares of the company’s stock after selling 1,860 shares during the quarter. Fortis Capital Management LLC’s holdings in Vanguard Short-Term Inflation-Protected Securities ETF were worth $368,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Kingsview Wealth Management LLC boosted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 14.5% during the first quarter. Kingsview Wealth Management LLC now owns 5,099 shares of the company’s stock valued at $244,000 after purchasing an additional 647 shares during the last quarter. Blair William & Co. IL raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 4.5% in the first quarter. Blair William & Co. IL now owns 14,547 shares of the company’s stock valued at $697,000 after purchasing an additional 622 shares in the last quarter. ARK & TLK Investments LLC boosted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 11.4% during the 1st quarter. ARK & TLK Investments LLC now owns 36,692 shares of the company’s stock worth $1,757,000 after acquiring an additional 3,756 shares in the last quarter. Titan Global Capital Management USA LLC boosted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 25.7% in the 1st quarter. Titan Global Capital Management USA LLC now owns 28,403 shares of the company’s stock valued at $1,360,000 after purchasing an additional 5,808 shares in the last quarter. Finally, Evermay Wealth Management LLC bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the first quarter valued at about $5,763,000.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Shares of VTIP stock opened at $48.78 on Thursday. The stock’s fifty day simple moving average is $48.98 and its 200 day simple moving average is $48.58. Vanguard Short-Term Inflation-Protected Securities ETF has a twelve month low of $47.29 and a twelve month high of $49.41.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Tuesday, October 1st were paid a dividend of $0.308 per share. The ex-dividend date was Tuesday, October 1st. This represents a $1.23 annualized dividend and a yield of 2.53%.

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.