Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) Sets New 52-Week Low – Here’s What Happened

Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP)’s stock price hit a new 52-week low during mid-day trading on Friday . The company traded as low as $48.59 and last traded at $49.61, with a volume of 979647 shares. The stock had previously closed at $49.57.

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

The stock’s 50-day moving average is $50.07 and its 200-day moving average is $49.95.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.6804 per share. This is an increase from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.02. This represents a $2.72 annualized dividend and a yield of 5.5%. The ex-dividend date was Wednesday, July 1st.

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. Wealthfront Advisers LLC boosted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 396.0% during the 4th quarter. Wealthfront Advisers LLC now owns 3,633,423 shares of the company’s stock worth $179,709,000 after purchasing an additional 2,900,809 shares during the period. Cambridge Associates LLC MA ADV lifted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 39.4% during the fourth quarter. Cambridge Associates LLC MA ADV now owns 6,908,129 shares of the company’s stock worth $341,676,000 after purchasing an additional 1,950,826 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 22.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 10,366,837 shares of the company’s stock worth $512,744,000 after purchasing an additional 1,877,940 shares in the last quarter. Russell Investments Group Ltd. purchased a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter worth about $73,135,000. Finally, JPMorgan Chase & Co. raised its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 5.0% during the 4th quarter. JPMorgan Chase & Co. now owns 30,130,365 shares of the company’s stock valued at $1,490,248,000 after buying an additional 1,435,208 shares during the period.

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.