Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) Short Interest Up 59.2% in July

Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 1,501,303 shares, a growth of 59.2% from the July 15th total of 942,831 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average trading volume of 1,956,596 shares, the short-interest ratio is presently 0.8 days.

Institutional Investors Weigh In On Vanguard Short-Term Inflation-Protected Securities ETF

Large investors have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC boosted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 86.9% in the 2nd 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 last quarter. The Manufacturers Life Insurance Company lifted its holdings in 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 lifted its holdings in 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 bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the second quarter valued at about $210,000. Finally, Raymond James Financial Inc. boosted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 10.8% in the second quarter. Raymond James Financial Inc. now owns 586,133 shares of the company’s stock worth $29,465,000 after purchasing an additional 57,079 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Up 0.0%

Shares of NASDAQ VTIP opened at $49.78 on Thursday. The firm’s 50-day moving average price is $49.81 and its 200-day moving average price is $49.97. Vanguard Short-Term Inflation-Protected Securities ETF has a 52-week low of $49.35 and a 52-week high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were issued a $0.6804 dividend. This is an increase 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%. The ex-dividend date was Wednesday, July 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.