Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) Shares Shorted: Short Interest Down 56.8% in October

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

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

Institutional investors and hedge funds have recently bought and sold shares of the stock. Valmark Advisers Inc. raised its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 5.3% in the first quarter. Valmark Advisers Inc. now owns 7,073,953 shares of the company’s stock worth $353,344,000 after purchasing an additional 357,681 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 5.1% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 4,890,809 shares of the company’s stock worth $244,296,000 after buying an additional 237,357 shares in the last quarter. Wealthfront Advisers LLC increased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 33.6% in the first quarter. Wealthfront Advisers LLC now owns 4,855,031 shares of the company’s stock worth $242,509,000 after purchasing an additional 1,221,608 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 0.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,345,770 shares of the company’s stock worth $218,279,000 after buying an additional 20,953 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 2.7% during the first quarter. Bank of America Corp DE now owns 3,797,614 shares of the company’s stock valued at $189,691,000 after buying an additional 100,783 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Trading Up 0.2%

VTIP opened at $48.99 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a one year low of $48.28 and a one year high of $50.48. The business’s 50 day moving average price is $49.13 and its 200 day moving average price is $49.73.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

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

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.