Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) Reaches New 12-Month High at $49.03

Shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) hit a new 52-week high during trading on Wednesday . The company traded as high as $49.03 and last traded at $49.03, with a volume of 4632 shares traded. The stock had previously closed at $49.02.

Vanguard Short-Term Inflation-Protected Securities ETF Price Performance

The firm’s 50 day moving average price is $48.59 and its 200-day moving average price is $48.21.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st were paid a $0.444 dividend. The ex-dividend date of this dividend was Monday, July 1st. This represents a $1.78 dividend on an annualized basis and a dividend yield of 3.62%. This is an increase from Vanguard Short-Term Inflation-Protected Securities ETF’s previous quarterly dividend of $0.03.

Institutional Investors Weigh In On Vanguard Short-Term Inflation-Protected Securities ETF

A number of institutional investors have recently made changes to their positions in VTIP. American Investment Services Inc. grew its position in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 14.3% during the 4th quarter. American Investment Services Inc. now owns 25,926 shares of the company’s stock worth $1,231,000 after buying an additional 3,243 shares during the period. SageView Advisory Group LLC increased its stake in Vanguard Short-Term Inflation-Protected Securities ETF by 25.8% in the fourth quarter. SageView Advisory Group LLC now owns 40,172 shares of the company’s stock valued at $1,912,000 after purchasing an additional 8,245 shares in the last quarter. Angeles Wealth Management LLC acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter worth $263,000. Clarity Capital Advisors LLC acquired a new stake in Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter worth $6,222,000. Finally, Asset Allocation Strategies LLC grew its holdings in shares of Vanguard Short-Term Inflation-Protected Securities ETF by 10.0% in the 4th quarter. Asset Allocation Strategies LLC now owns 200,443 shares of the company’s stock valued at $9,520,000 after buying an additional 18,205 shares during the period.

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.