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

Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) was the target of a significant 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 daily 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 sold short.

Vanguard Short-Term Inflation-Protected Securities ETF Trading Down 0.0%

VTIP traded down $0.02 during trading on Friday, hitting $49.64. The company had a trading volume of 4,346,320 shares, compared to its average volume of 2,662,471. The business has a 50-day moving average of $50.20 and a 200-day moving average of $49.94. Vanguard Short-Term Inflation-Protected Securities ETF has a 1-year low of $49.35 and a 1-year high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The business 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 represents a $2.72 annualized dividend and a yield of 5.5%. This is an increase from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.02.

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

A number of institutional investors have recently modified their holdings of VTIP. Ancora Advisors LLC bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the third quarter worth about $25,000. Geneos Wealth Management Inc. increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 62.7% in the first quarter. Geneos Wealth Management Inc. now owns 519 shares of the company’s stock valued at $26,000 after buying an additional 200 shares during the last quarter. Sound Income Strategies LLC increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 64.7% in the first quarter. Sound Income Strategies LLC now owns 542 shares of the company’s stock valued at $27,000 after buying an additional 213 shares during the last quarter. NBT Bank N A NY raised its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 1,057.1% during the first quarter. NBT Bank N A NY now owns 567 shares of the company’s stock valued at $28,000 after buying an additional 518 shares in the last quarter. Finally, Ascentis Independent Advisors acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the first quarter valued at approximately $29,000.

Vanguard Short-Term Inflation-Protected Securities ETF Company Profile

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.