Short Interest in Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) Grows By 117.5%

Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) was the target of a significant increase in short interest in October. As of October 31st, there was short interest totalling 580,500 shares, an increase of 117.5% from the October 15th total of 266,900 shares. Based on an average daily volume of 982,400 shares, the days-to-cover ratio is currently 0.6 days.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

Shares of VTIP stock opened at $48.74 on Friday. The company’s fifty day simple moving average is $48.98 and its 200-day simple moving average is $48.58. Vanguard Short-Term Inflation-Protected Securities ETF has a 12 month low of $47.29 and a 12 month high of $49.41.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were issued a $0.308 dividend. The ex-dividend date was Tuesday, October 1st. This represents a $1.23 annualized dividend and a dividend yield of 2.53%.

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

Several institutional investors and hedge funds have recently modified their holdings of VTIP. Fairway Wealth LLC increased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 178.3% in the third quarter. Fairway Wealth LLC now owns 1,072,940 shares of the company’s stock valued at $52,907,000 after purchasing an additional 687,353 shares during the last quarter. New York Life Investment Management LLC increased its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 409.4% in the second quarter. New York Life Investment Management LLC now owns 788,855 shares of the company’s stock valued at $38,291,000 after purchasing an additional 633,996 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 249.9% in the first quarter. Cetera Investment Advisers now owns 804,819 shares of the company’s stock valued at $38,543,000 after acquiring an additional 574,799 shares in the last quarter. Savant Capital LLC grew its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 46.2% in the second quarter. Savant Capital LLC now owns 1,069,441 shares of the company’s stock valued at $51,911,000 after acquiring an additional 337,701 shares in the last quarter. Finally, Symmetry Partners LLC grew its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 4,855.7% in the second quarter. Symmetry Partners LLC now owns 275,882 shares of the company’s stock valued at $13,391,000 after acquiring an additional 270,315 shares in 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.