Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) Stock Short Interest Declines 56.8%

Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 1,589,655 shares, a decrease of 56.8% from the September 30th total of 3,679,559 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 3,009,552 shares, the days-to-cover ratio is currently 0.5 days.

Vanguard Short-Term Inflation-Protected Securities ETF Trading Up 0.0%

VTIP opened at $48.88 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a twelve month low of $48.28 and a twelve month high of $50.48. The firm’s fifty day moving average is $49.14 and its two-hundred day moving average is $49.73.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, October 5th. Investors of record on Thursday, October 1st were paid a $0.9333 dividend. This is a boost from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.6804. The ex-dividend date was Thursday, October 1st. This represents a $3.73 dividend on an annualized basis and a yield of 7.6%.

Hedge Funds Weigh In On Vanguard Short-Term Inflation-Protected Securities ETF

Several institutional investors have recently bought and sold shares of the company. Allied Investment Advisors LLC grew its position in Vanguard Short-Term Inflation-Protected Securities ETF by 37,724.1% during the third quarter. Allied Investment Advisors LLC now owns 1,633,246 shares of the company’s stock valued at $80,388,000 after acquiring an additional 1,628,928 shares during the last quarter. Empowered Funds LLC bought a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the first quarter worth $67,290,000. Wealthfront Advisers LLC boosted its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 33.6% during the 1st quarter. Wealthfront Advisers LLC now owns 4,855,031 shares of the company’s stock valued at $242,509,000 after acquiring an additional 1,221,608 shares during the period. Trust Co. of Vermont purchased a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the 2nd quarter worth approximately $45,229,000. Finally, The Manufacturers Life Insurance Company boosted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 193.1% during the first quarter. The Manufacturers Life Insurance Company now owns 856,145 shares of the company’s stock valued at $42,764,000 after purchasing an additional 564,036 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.