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) saw a large increase in short interest in the month of 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 days-to-cover ratio is currently 0.6 days.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

Shares of NASDAQ VTIP opened at $48.74 on Friday. The firm has a 50 day moving average price of $48.98 and a 200 day moving average price of $48.58. Vanguard Short-Term Inflation-Protected Securities ETF has a 52-week low of $47.29 and a 52-week high of $49.41.

Vanguard Short-Term Inflation-Protected Securities ETF Cuts Dividend

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

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of VTIP. Timber Creek Capital Management LLC lifted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 3.0% in the third quarter. Timber Creek Capital Management LLC now owns 123,402 shares of the company’s stock valued at $6,085,000 after buying an additional 3,647 shares in the last quarter. Edgestream Partners L.P. bought a new position in Vanguard Short-Term Inflation-Protected Securities ETF in the third quarter valued at approximately $557,000. CreativeOne Wealth LLC lifted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 43.9% in the third quarter. CreativeOne Wealth LLC now owns 32,326 shares of the company’s stock valued at $1,594,000 after buying an additional 9,854 shares in the last quarter. Townsquare Capital LLC lifted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 13.7% in the third quarter. Townsquare Capital LLC now owns 35,408 shares of the company’s stock valued at $1,746,000 after buying an additional 4,258 shares in the last quarter. Finally, Private Trust Co. NA lifted its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 21.9% in the third quarter. Private Trust Co. NA now owns 22,053 shares of the company’s stock valued at $1,087,000 after buying an additional 3,963 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.