Truist Financial Corp Reduces Holdings in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)

Truist Financial Corp lowered its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) by 11.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 222,572 shares of the company’s stock after selling 29,532 shares during the quarter. Truist Financial Corp owned about 0.10% of Vanguard Short-Term Inflation-Protected Securities ETF worth $10,804,000 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 the stock. Asset Allocation Strategies LLC grew its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 10.0% during the 4th quarter. Asset Allocation Strategies LLC now owns 200,443 shares of the company’s stock worth $9,520,000 after acquiring an additional 18,205 shares during the period. ORG Partners LLC purchased a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the second quarter worth $27,000. Blair William & Co. IL raised its holdings 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 worth $697,000 after purchasing an additional 622 shares in the last quarter. Dravo Bay LLC lifted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 13.4% during the second quarter. Dravo Bay LLC now owns 62,103 shares of the company’s stock valued at $3,014,000 after buying an additional 7,336 shares during the period. Finally, Comerica Bank lifted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 12.0% during the first quarter. Comerica Bank now owns 64,240 shares of the company’s stock valued at $3,076,000 after buying an additional 6,907 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Down 0.4 %

NASDAQ:VTIP opened at $48.86 on Friday. The firm’s 50-day moving average price is $48.89 and its 200-day moving average price is $48.39. Vanguard Short-Term Inflation-Protected Securities ETF has a 1-year low of $46.70 and a 1-year high of $49.41.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were issued a $0.308 dividend. This represents a $1.23 dividend on an annualized basis and a yield of 2.52%. The ex-dividend date of this dividend was Tuesday, October 1st.

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.