Sei Investments Sells 3.99 Million VTIP Shares
Sei Investments Co. trimmed its positions across several ETFs in the first quarter, including a 41.1% reduction in Vanguard VTIP holdings to about 5.73 million shares worth $286 million, and modest declines in Schwab US Small-Cap and Large-Cap Value ETFs as well as a 10% cut in Schwab Short-Term U.S. Treasury ETF to about 16.74 million shares worth $406 million. Overall, the firm continued reallocating its portfolio by reducing stakes in multiple Schwab and VTIP products while maintaining sizable positions in several key funds.