Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) Raises Dividend to $0.68 Per Share

Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) declared a quarterly dividend on Monday, June 29th, NASDAQ Dividends reports. Stockholders of record on Wednesday, July 1st will be given a dividend of 0.6804 per share on Monday, July 6th. This represents a c) dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date of this dividend is Wednesday, July 1st. This is a 2,897.4% increase from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.02.

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

Shares of Vanguard Short-Term Inflation-Protected Securities ETF stock traded down $0.71 during trading hours on Wednesday, hitting $49.52. The company had a trading volume of 4,830,362 shares, compared to its average volume of 2,639,400. The company’s 50-day moving average is $50.29 and its two-hundred day moving average is $49.95. Vanguard Short-Term Inflation-Protected Securities ETF has a twelve month low of $49.35 and a twelve month high of $50.81.

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

Several hedge funds and other institutional investors have recently made changes to their positions in VTIP. JPMorgan Chase & Co. grew its holdings in 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 worth $1,490,248,000 after acquiring an additional 1,435,208 shares during the period. LPL Financial LLC boosted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 6.0% in the 4th quarter. LPL Financial LLC now owns 18,490,336 shares of the company’s stock worth $914,532,000 after buying an additional 1,039,578 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 22.1% in the 4th quarter. Goldman Sachs Group Inc. now owns 10,366,837 shares of the company’s stock valued at $512,744,000 after acquiring an additional 1,877,940 shares during the last quarter. Valmark Advisers Inc. increased its holdings 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 acquiring an additional 357,681 shares in the last quarter. Finally, Cambridge Associates LLC MA ADV raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 39.4% during the fourth quarter. Cambridge Associates LLC MA ADV now owns 6,908,129 shares of the company’s stock worth $341,676,000 after acquiring 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.