Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) Raises Dividend to $0.44 Per Share

Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) declared a quarterly dividend on Friday, June 28th, Zacks reports. Shareholders of record on Monday, July 1st will be paid a dividend of 0.444 per share on Wednesday, July 3rd. This represents a $1.78 annualized dividend and a yield of 3.66%. The ex-dividend date is Monday, July 1st. This is a boost from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.03.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

NASDAQ VTIP opened at $48.54 on Friday. Vanguard Short-Term Inflation-Protected Securities ETF has a 12 month low of $46.70 and a 12 month high of $48.60. The stock’s fifty day moving average price is $48.18 and its 200-day moving average price is $47.85.

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.