Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) Sees Significant Decrease in Short Interest

Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) was the recipient of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 565,500 shares, a decline of 33.8% from the January 15th total of 854,000 shares. Based on an average daily trading volume, of 1,313,300 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On Vanguard Short-Term Inflation-Protected Securities ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. West Paces Advisors Inc. lifted its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 1.8% during the 4th quarter. West Paces Advisors Inc. now owns 95,361 shares of the company’s stock worth $4,617,000 after buying an additional 1,710 shares during the last quarter. Comerica Bank boosted its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 961.4% during the fourth quarter. Comerica Bank now owns 344,372 shares of the company’s stock worth $16,674,000 after acquiring an additional 311,927 shares during the period. Schwallier Wealth Management LLC grew its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 9.9% in the fourth quarter. Schwallier Wealth Management LLC now owns 75,507 shares of the company’s stock valued at $3,656,000 after purchasing an additional 6,807 shares during the last quarter. Northern Trust Corp grew its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 13.4% in the fourth quarter. Northern Trust Corp now owns 49,299 shares of the company’s stock valued at $2,387,000 after purchasing an additional 5,826 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 7.8% during the fourth quarter. The Manufacturers Life Insurance Company now owns 207,655 shares of the company’s stock worth $10,055,000 after purchasing an additional 15,065 shares during the period.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

NASDAQ:VTIP traded up $0.05 on Friday, hitting $49.03. The company’s stock had a trading volume of 1,058,613 shares, compared to its average volume of 1,582,651. Vanguard Short-Term Inflation-Protected Securities ETF has a one year low of $47.38 and a one year high of $49.41. The stock has a fifty day moving average of $48.73 and a two-hundred day moving average of $48.83.

Vanguard Short-Term Inflation-Protected Securities ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were issued a dividend of $0.529 per share. The ex-dividend date of this dividend was Tuesday, December 24th.

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.