Short Interest in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) Drops By 70.1%

Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIPGet Free Report) was the recipient of a large drop in short interest in June. As of June 30th, there was short interest totaling 300,325 shares, a drop of 70.1% from the June 15th total of 1,005,007 shares. Based on an average trading volume of 2,269,869 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Trading of Vanguard Short-Term Inflation-Protected Securities ETF

Several institutional investors and hedge funds have recently made changes to their positions in VTIP. NewEdge Advisors LLC increased its position in Vanguard Short-Term Inflation-Protected Securities ETF by 86.9% during the second quarter. NewEdge Advisors LLC now owns 176,527 shares of the company’s stock worth $8,874,000 after buying an additional 82,056 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 16.3% in the second quarter. The Manufacturers Life Insurance Company now owns 261,182 shares of the company’s stock valued at $13,130,000 after acquiring an additional 36,624 shares during the period. Main Street Financial Solutions LLC boosted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 16.0% in the second quarter. Main Street Financial Solutions LLC now owns 22,056 shares of the company’s stock valued at $1,109,000 after acquiring an additional 3,035 shares during the period. Diversify Advisory Services LLC purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the second quarter worth approximately $210,000. Finally, Raymond James Financial Inc. grew its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 10.8% during the second quarter. Raymond James Financial Inc. now owns 586,133 shares of the company’s stock worth $29,465,000 after acquiring an additional 57,079 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of VTIP opened at $49.62 on Tuesday. Vanguard Short-Term Inflation-Protected Securities ETF has a 1-year low of $49.35 and a 1-year high of $50.81. The firm has a fifty day moving average price of $50.19 and a 200 day moving average price of $49.94.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.6804 per share. The ex-dividend date of this dividend 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 dividend yield of 5.5%.

Vanguard Short-Term Inflation-Protected Securities ETF Company Profile

(Get Free Report)

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.

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