Short Interest in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) Grows By 112.0%

Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 1,005,007 shares, a growth of 112.0% from the May 31st total of 474,010 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 2,226,382 shares, the days-to-cover ratio is presently 0.5 days.

Vanguard Short-Term Inflation-Protected Securities ETF Trading Down 1.4%

NASDAQ VTIP opened at $49.52 on Thursday. The company has a fifty day moving average price of $50.29 and a 200-day moving average price of $49.95. 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 company also recently disclosed a quarterly dividend, which will be paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st will be given a $0.6804 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date of this dividend is Wednesday, July 1st. This is a positive change 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

Several institutional investors and hedge funds have recently added to or reduced their stakes in VTIP. Western Wealth Management LLC boosted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 3.2% in the 1st quarter. Western Wealth Management LLC now owns 17,778 shares of the company’s stock worth $888,000 after buying an additional 557 shares during the last quarter. Three Bearings Fiduciary Advisors Inc. increased its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 9.4% during the first quarter. Three Bearings Fiduciary Advisors Inc. now owns 3,187 shares of the company’s stock valued at $159,000 after acquiring an additional 274 shares during the last quarter. Stillwater Private Wealth LLC purchased a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the first quarter valued at approximately $999,000. Parallel Advisors LLC lifted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 120.3% during the first quarter. Parallel Advisors LLC now owns 5,414 shares of the company’s stock worth $270,000 after acquiring an additional 2,956 shares during the period. Finally, Financial Solutions Advisory Group Inc. purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the first quarter worth $26,081,000.

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.