Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) Hits New 52-Week High at $48.61

Shares of Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) hit a new 52-week high during trading on Thursday . The company traded as high as $48.61 and last traded at $48.61, with a volume of 222522 shares traded. The stock had previously closed at $48.54.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Up 0.2 %

The business’s 50 day moving average price is $48.33 and its 200-day moving average price is $47.96.

Vanguard Short-Term Inflation-Protected Securities ETF Increases Dividend

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

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

A number of institutional investors have recently bought and sold shares of VTIP. Blue Trust Inc. grew its holdings in Vanguard Short-Term Inflation-Protected Securities ETF by 175.1% in the fourth quarter. Blue Trust Inc. now owns 674 shares of the company’s stock valued at $32,000 after purchasing an additional 429 shares during the period. Private Trust Co. NA lifted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 6.8% during the fourth quarter. Private Trust Co. NA now owns 21,553 shares of the company’s stock valued at $1,024,000 after buying an additional 1,372 shares in the last quarter. International Assets Investment Management LLC lifted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 4,648.5% during the fourth quarter. International Assets Investment Management LLC now owns 181,962 shares of the company’s stock valued at $8,641,000 after buying an additional 178,130 shares in the last quarter. Fulton Bank N.A. acquired a new position in Vanguard Short-Term Inflation-Protected Securities ETF during the fourth quarter valued at approximately $1,075,000. Finally, Sofi Wealth LLC lifted its position in Vanguard Short-Term Inflation-Protected Securities ETF by 4.6% during the fourth quarter. Sofi Wealth LLC now owns 144,598 shares of the company’s stock valued at $6,867,000 after buying an additional 6,313 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.