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 recipient of a large decline in short interest in June. As of June 30th, there was short interest totaling 300,325 shares, a decline of 70.1% from the June 15th total of 1,005,007 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 2,269,869 shares, the short-interest ratio is currently 0.1 days.

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

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

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were issued a dividend of $0.6804 per share. This represents a $2.72 dividend on an annualized basis and a yield of 5.5%. The ex-dividend date of this dividend was 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 hedge funds and other institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 5.0% during the fourth quarter. JPMorgan Chase & Co. now owns 30,130,365 shares of the company’s stock valued at $1,490,248,000 after acquiring an additional 1,435,208 shares in the last quarter. LPL Financial LLC boosted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 6.0% in the fourth quarter. LPL Financial LLC now owns 18,490,336 shares of the company’s stock valued at $914,532,000 after purchasing an additional 1,039,578 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 22.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 10,366,837 shares of the company’s stock valued at $512,744,000 after purchasing an additional 1,877,940 shares in the last quarter. Valmark Advisers Inc. grew its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 5.3% during the 1st quarter. Valmark Advisers Inc. now owns 7,073,953 shares of the company’s stock valued at $353,344,000 after purchasing an additional 357,681 shares in the last quarter. Finally, Cambridge Associates LLC MA ADV increased its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 39.4% during the 4th quarter. Cambridge Associates LLC MA ADV now owns 6,908,129 shares of the company’s stock worth $341,676,000 after purchasing an additional 1,950,826 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.