Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) Sees Large Volume Increase

Shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) saw strong trading volume on Monday . 18,458,037 shares traded hands during mid-day trading, an increase of 1,446% from the previous session’s volume of 1,193,746 shares.The stock last traded at $48.71 and had previously closed at $48.66.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

The firm has a 50 day simple moving average of $48.33 and a two-hundred day simple moving average of $47.96.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st were paid a dividend of $0.444 per share. The ex-dividend date of this dividend was Monday, July 1st. This is a positive change from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.03. This represents a $1.78 annualized dividend and a dividend yield of 3.65%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VTIP. ORG Partners LLC acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF during the second quarter worth $27,000. Family Firm Inc. acquired a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 2nd quarter valued at approximately $31,000. Blue Trust Inc. boosted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 175.1% during the 4th quarter. Blue Trust Inc. now owns 674 shares of the company’s stock worth $32,000 after acquiring an additional 429 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the 2nd quarter valued at about $33,000. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 181.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 919 shares of the company’s stock worth $44,000 after purchasing an additional 593 shares during the last quarter.

Vanguard Short-Term Inflation-Protected Securities ETF Company Profile

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.