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

Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) was the recipient of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 493,300 shares, a decrease of 30.6% from the March 15th total of 710,600 shares. Based on an average daily trading volume, of 2,009,500 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.2% of the company’s shares are sold short.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Shares of VTIP traded up $0.16 during midday trading on Friday, hitting $49.86. 1,518,198 shares of the company’s stock traded hands, compared to its average volume of 1,331,939. The firm’s fifty day moving average is $49.49 and its 200-day moving average is $49.04. Vanguard Short-Term Inflation-Protected Securities ETF has a 1 year low of $47.76 and a 1 year high of $50.14.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were issued a dividend of $0.0978 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $0.39 dividend on an annualized basis and a dividend yield of 0.78%.

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

A number of hedge funds have recently bought and sold shares of the stock. Van Strum & Towne Inc. raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 345,664.2% during the 4th quarter. Van Strum & Towne Inc. now owns 922,917,195 shares of the company’s stock worth $44,687,651,000 after buying an additional 922,650,274 shares during the last quarter. Wealthfront Advisers LLC raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 4,381.7% in the 4th quarter. Wealthfront Advisers LLC now owns 22,737,700 shares of the company’s stock worth $1,100,959,000 after purchasing an additional 22,230,349 shares during the period. JPMorgan Chase & Co. lifted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 2,586.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 19,285,524 shares of the company’s stock worth $950,969,000 after acquiring an additional 18,567,654 shares in the last quarter. Essential Planning LLC. grew its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 6,374.1% during the fourth quarter. Essential Planning LLC. now owns 6,826,984 shares of the company’s stock valued at $333,576,000 after acquiring an additional 6,721,533 shares in the last quarter. Finally, Wealthspire Advisors LLC increased its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 36.7% in the 4th quarter. Wealthspire Advisors LLC now owns 2,750,327 shares of the company’s stock worth $133,171,000 after purchasing an additional 737,805 shares during the last quarter.

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.