Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) Sees Large Decrease in Short Interest

Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totalling 172,100 shares, a decline of 31.9% from the September 15th total of 252,800 shares. Based on an average trading volume of 1,310,200 shares, the days-to-cover ratio is presently 0.1 days.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Vanguard Short-Term Inflation-Protected Securities ETF stock traded up $0.03 during mid-day trading on Friday, reaching $48.97. 504,972 shares of the company’s stock were exchanged, compared to its average volume of 1,162,009. The business’s fifty day simple moving average is $48.93 and its 200 day simple moving average is $48.42. Vanguard Short-Term Inflation-Protected Securities ETF has a one year low of $46.94 and a one year high of $49.41.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Tuesday, October 1st were paid a $0.308 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.23 annualized dividend and a dividend yield of 2.52%.

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

Hedge funds and other institutional investors have recently made changes to their positions in the stock. ORG Partners LLC purchased a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 2nd quarter valued at about $27,000. Blair William & Co. IL increased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 4.5% in the 1st quarter. Blair William & Co. IL now owns 14,547 shares of the company’s stock worth $697,000 after buying an additional 622 shares during the last quarter. Dravo Bay LLC raised its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 13.4% during the 2nd quarter. Dravo Bay LLC now owns 62,103 shares of the company’s stock valued at $3,014,000 after buying an additional 7,336 shares in the last quarter. Comerica Bank grew its position in Vanguard Short-Term Inflation-Protected Securities ETF by 12.0% in the first quarter. Comerica Bank now owns 64,240 shares of the company’s stock worth $3,076,000 after acquiring an additional 6,907 shares in the last quarter. Finally, Advisors Asset Management Inc. increased its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 6.3% in the first quarter. Advisors Asset Management Inc. now owns 9,750 shares of the company’s stock valued at $467,000 after acquiring an additional 577 shares during the last quarter.

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.