Short Interest in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) Drops By 52.3%

Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) was the target of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 175,452 shares, a drop of 52.3% from the April 15th total of 367,806 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 2,342,660 shares, the days-to-cover ratio is presently 0.1 days.

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

Several institutional investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its holdings in shares of 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 purchasing an additional 1,435,208 shares during the period. LPL Financial LLC raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 6.0% during the fourth quarter. LPL Financial LLC now owns 18,490,336 shares of the company’s stock valued at $914,532,000 after acquiring an additional 1,039,578 shares in the last quarter. Goldman Sachs Group Inc. raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 22.1% during the fourth 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 in the last quarter. Valmark Advisers Inc. raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 5.3% during the first 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 valued at $341,676,000 after acquiring an additional 1,950,826 shares in the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Shares of VTIP stock traded down $0.03 during trading on Friday, hitting $50.38. 1,799,826 shares of the company were exchanged, compared to its average volume of 2,619,726. The business’s 50-day simple moving average is $50.09 and its 200 day simple moving average is $49.91. Vanguard Short-Term Inflation-Protected Securities ETF has a twelve month low of $49.35 and a twelve month high of $50.81.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 6th. Investors of record on Wednesday, April 1st were issued a dividend of $0.0227 per share. This represents a $0.09 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Wednesday, April 1st.

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.