Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Short Interest Update

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) saw a significant growth in short interest in October. As of October 31st, there was short interest totalling 1,250,000 shares, a growth of 88.3% from the October 15th total of 663,700 shares. Based on an average daily volume of 1,507,100 shares, the short-interest ratio is currently 0.8 days.

Hedge Funds Weigh In On Vanguard Mortgage-Backed Securities ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of VMBS. Envestnet Asset Management Inc. grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 3.6% during the second quarter. Envestnet Asset Management Inc. now owns 19,115,115 shares of the exchange traded fund’s stock worth $867,826,000 after purchasing an additional 659,720 shares during the period. Bank of New York Mellon Corp raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 0.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 10,055,325 shares of the exchange traded fund’s stock valued at $456,512,000 after acquiring an additional 79,124 shares during the period. Assetmark Inc. grew its holdings in Vanguard Mortgage-Backed Securities ETF by 2.8% during the third quarter. Assetmark Inc. now owns 7,642,051 shares of the exchange traded fund’s stock valued at $360,781,000 after purchasing an additional 207,604 shares during the period. Stifel Financial Corp increased its stake in Vanguard Mortgage-Backed Securities ETF by 3.1% in the third quarter. Stifel Financial Corp now owns 5,627,553 shares of the exchange traded fund’s stock valued at $265,677,000 after purchasing an additional 171,411 shares in the last quarter. Finally, LPL Financial LLC raised its holdings in Vanguard Mortgage-Backed Securities ETF by 3.7% in the third quarter. LPL Financial LLC now owns 5,180,600 shares of the exchange traded fund’s stock worth $244,576,000 after purchasing an additional 184,105 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of Vanguard Mortgage-Backed Securities ETF stock traded down $0.01 during midday trading on Friday, reaching $45.56. The company had a trading volume of 1,793,744 shares, compared to its average volume of 1,609,621. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $44.04 and a 1-year high of $47.59. The stock has a fifty day simple moving average of $46.56 and a 200 day simple moving average of $46.03.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a dividend of $0.153 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 4.03%. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Friday, November 1st.

About Vanguard Mortgage-Backed Securities ETF

Vanguard Mortgage Backed Securities ETF (the Fund) seeks to track the performance of a market-weighted, mortgage-backed securities index. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. MBS Float Adjusted Index (the Index).