Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) Reaches New 52-Week High – Here’s Why

Vanguard Short-Term Inflation-Protected Securities ETF (NASDAQ:VTIP) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $49.65 and last traded at $49.64, with a volume of 70128 shares trading hands. The stock had previously closed at $49.57.

Vanguard Short-Term Inflation-Protected Securities ETF Stock Performance

The business’s fifty day moving average price is $49.05 and its 200-day moving average price is $48.94.

Institutional Trading of Vanguard Short-Term Inflation-Protected Securities ETF

A number of institutional investors have recently made changes to their positions in the stock. Silver Oak Wealth Advisors Services LLC purchased a new stake in shares of Vanguard Short-Term Inflation-Protected Securities ETF during the 4th quarter valued at about $17,144,000. Wealthedge Investment Advisors LLC purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter worth approximately $1,467,000. SpringVest Wealth Management LLC purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter worth approximately $2,412,000. Old North State Trust LLC purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter worth approximately $1,491,000. Finally, Aegis Wealth Management LLC purchased a new position in shares of Vanguard Short-Term Inflation-Protected Securities ETF in the fourth quarter worth approximately $1,604,000.

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.