Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) Sees Unusually-High Trading Volume – Time to Buy?

Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) saw strong trading volume on Thursday . 11,246,114 shares traded hands during mid-day trading, an increase of 807% from the previous session’s volume of 1,239,922 shares.The stock last traded at $50.09 and had previously closed at $49.76.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

The firm’s 50-day moving average price is $49.25 and its 200 day moving average price is $48.99.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st will be given a $0.0978 dividend. The ex-dividend date is Tuesday, April 1st. This represents a $0.39 annualized dividend and a dividend yield of 0.78%.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Marotta Asset Management raised its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1.2% in the first quarter. Marotta Asset Management now owns 647,044 shares of the company’s stock valued at $31,906,000 after buying an additional 7,659 shares during the last quarter. MassMutual Private Wealth & Trust FSB purchased a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the 1st quarter worth approximately $507,000. Emprise Bank raised its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 31.5% in the 1st quarter. Emprise Bank now owns 311,252 shares of the company’s stock valued at $15,531,000 after acquiring an additional 74,646 shares during the last quarter. Avant Financial Advisors LLC purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 4th quarter worth $1,977,000. Finally, Silver Oak Wealth Advisors Services LLC acquired a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the fourth quarter worth $17,144,000.

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.