Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) to Issue Dividend Increase – $0.93 Per Share

Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) announced a quarterly dividend on Tuesday, September 29th. Shareholders of record on Thursday, October 1st will be given a dividend of $0.9333 per share on Monday, October 5th. This represents a $3.73 annualized dividend and a yield of 7.6%. The ex-dividend date is Thursday, October 1st. This is a 37.2% increase from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.6804.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Up 0.1%

Shares of NASDAQ VTIP opened at $49.19 on Wednesday. Vanguard Short-Term Inflation-Protected Securities ETF has a 1-year low of $49.12 and a 1-year high of $50.66. The company has a 50-day moving average of $49.60 and a two-hundred day moving average of $49.92.

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.