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

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

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

A number of hedge funds have recently made changes to their positions in VTIP. Fischer Financial Services Inc. raised its position in Vanguard Short-Term Inflation-Protected Securities ETF by 1.2% during the first quarter. Fischer Financial Services Inc. now owns 17,390 shares of the company’s stock valued at $869,000 after purchasing an additional 200 shares during the period. Geneos Wealth Management Inc. boosted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 62.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 519 shares of the company’s stock worth $26,000 after purchasing an additional 200 shares during the period. Sound Income Strategies LLC boosted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 64.7% in the 1st quarter. Sound Income Strategies LLC now owns 542 shares of the company’s stock worth $27,000 after purchasing an additional 213 shares during the period. Whelan Financial increased its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 5.0% during the 3rd quarter. Whelan Financial now owns 5,238 shares of the company’s stock valued at $258,000 after purchasing an additional 249 shares during the last quarter. Finally, Lam Group Inc. increased its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 17.3% during the 2nd quarter. Lam Group Inc. now owns 1,760 shares of the company’s stock valued at $88,000 after purchasing an additional 260 shares during the last quarter.

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

Shares of Vanguard Short-Term Inflation-Protected Securities ETF stock opened at $48.99 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a fifty-two week low of $48.28 and a fifty-two week high of $50.48. The company has a fifty day moving average of $49.13 and a 200 day moving average of $49.73.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

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

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.