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

Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) was the target of a large 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 trading volume, of 982,400 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Sei Investments Co. raised its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 2.7% in the 2nd quarter. Sei Investments Co. now owns 8,099,037 shares of the company’s stock valued at $393,127,000 after purchasing an additional 212,449 shares during the period. Valmark Advisers Inc. raised its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 2.3% in the 3rd quarter. Valmark Advisers Inc. now owns 5,754,577 shares of the company’s stock valued at $283,758,000 after purchasing an additional 129,479 shares during the period. Wealthspire Advisors LLC raised its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 6.7% in the 2nd quarter. Wealthspire Advisors LLC now owns 1,842,349 shares of the company’s stock valued at $89,428,000 after purchasing an additional 115,891 shares during the period. Alesco Advisors LLC raised its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 2.3% in the 3rd quarter. Alesco Advisors LLC now owns 1,824,471 shares of the company’s stock valued at $89,965,000 after purchasing an additional 41,065 shares during the period. Finally, Fairway Wealth LLC raised its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 178.3% in the 3rd 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 period.

Vanguard Short-Term Inflation-Protected Securities ETF Trading Down 0.1 %

VTIP stock traded down $0.04 during midday trading on Thursday, reaching $48.74. 785,440 shares of the company’s stock traded hands, compared to its average volume of 1,125,413. The company has a 50-day simple moving average of $48.98 and a two-hundred day simple moving average of $48.58. Vanguard Short-Term Inflation-Protected Securities ETF has a 1-year low of $47.29 and a 1-year high of $49.41.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Tuesday, October 1st were given 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%.

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.