Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) Stock Short Interest Jumps 83.0%

Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 3,041,821 shares, an increase of 83.0% from the August 31st total of 1,661,991 shares. Based on an average daily volume of 3,791,107 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.7% of the company’s shares are sold short.

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

Large investors have recently bought and sold shares of the business. Fischer Financial Services Inc. boosted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1.2% during the 1st quarter. Fischer Financial Services Inc. now owns 17,390 shares of the company’s stock valued at $869,000 after purchasing an additional 200 shares in the last quarter. 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 worth $26,000 after purchasing an additional 200 shares in the last quarter. Sound Income Strategies LLC lifted its stake 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 period. Verus Capital Partners LLC lifted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 4.3% in the fourth quarter. Verus Capital Partners LLC now owns 6,079 shares of the company’s stock valued at $301,000 after buying an additional 253 shares during the period. Finally, Lam Group Inc. boosted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 17.3% during the 2nd quarter. Lam Group Inc. now owns 1,760 shares of the company’s stock worth $88,000 after buying an additional 260 shares in the last quarter.

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

Shares of NASDAQ VTIP traded up $0.04 during midday trading on Wednesday, reaching $49.23. The stock had a trading volume of 1,442,203 shares, compared to its average volume of 2,682,312. The company’s 50 day moving average price is $49.60 and its 200 day moving average price is $49.92. Vanguard Short-Term Inflation-Protected Securities ETF has a twelve month low of $49.12 and a twelve month high of $50.48.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, October 5th. Investors of record on Thursday, October 1st will be issued a $0.9333 dividend. The ex-dividend date is Thursday, October 1st. This is a positive change from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.6804. This represents a $3.73 annualized dividend and a yield of 7.6%.

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.