Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Short Interest Up 389.7% in November

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) was the recipient of a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 9,500,000 shares, a growth of 389.7% from the November 15th total of 1,940,000 shares. Based on an average trading volume of 2,008,900 shares, the short-interest ratio is currently 4.7 days.

Institutional Investors Weigh In On Vanguard Mortgage-Backed Securities ETF

Large investors have recently added to or reduced their stakes in the business. Asset Dedication LLC raised its position in Vanguard Mortgage-Backed Securities ETF by 3,666.7% during the second quarter. Asset Dedication LLC now owns 565 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 550 shares in the last quarter. Carmichael Hill & Associates Inc. increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 59.7% in the second quarter. Carmichael Hill & Associates Inc. now owns 736 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 275 shares during the period. Truvestments Capital LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF in the third quarter worth about $35,000. Castleview Partners LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 531.9% in the third quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 734 shares during the period. Finally, Armstrong Advisory Group Inc. purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF in the third quarter worth about $45,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

NASDAQ:VMBS traded down $0.10 during trading hours on Wednesday, hitting $46.14. 1,459,214 shares of the company’s stock traded hands, compared to its average volume of 1,741,647. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.04 and a 52 week high of $47.59. The business’s fifty day simple moving average is $46.11 and its two-hundred day simple moving average is $46.18.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently disclosed 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 is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.84 annualized dividend and a yield of 3.98%.

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).