Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) Sets New 52-Week Low – Time to Sell?

Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) reached a new 52-week low on Wednesday . The stock traded as low as $49.35 and last traded at $49.3550, with a volume of 2649922 shares. The stock had previously closed at $49.48.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Down 0.3%

The stock has a fifty day simple moving average of $49.67 and a 200-day simple moving average of $49.97.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.6804 per share. This is an increase from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.02. The ex-dividend date was Wednesday, July 1st. This represents a $2.72 annualized dividend and a dividend yield of 5.5%.

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

Several large investors have recently made changes to their positions in VTIP. Cherry Tree Wealth Management LLC lifted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 6.4% during the second quarter. Cherry Tree Wealth Management LLC now owns 201,306 shares of the company’s stock worth $10,112,000 after acquiring an additional 12,034 shares in the last quarter. Miramontes Capital LLC bought a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 2nd quarter valued at $249,000. Tortoise Investment Management LLC lifted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 5.1% during the 2nd quarter. Tortoise Investment Management LLC now owns 22,485 shares of the company’s stock worth $1,129,000 after purchasing an additional 1,100 shares in the last quarter. Tidal Investments LLC boosted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 882.2% in the 2nd quarter. Tidal Investments LLC now owns 110,008 shares of the company’s stock worth $5,526,000 after purchasing an additional 98,808 shares during the period. Finally, MCF Advisors LLC boosted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 6.1% in the 2nd quarter. MCF Advisors LLC now owns 8,924 shares of the company’s stock worth $448,000 after purchasing an additional 516 shares during the period.

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.