Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Short Interest Down 17.1% in December

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 2,660,000 shares, a decrease of 17.1% from the December 15th total of 3,210,000 shares. Based on an average trading volume of 2,297,400 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Investors Weigh In On Vanguard Mortgage-Backed Securities ETF

Several institutional investors and hedge funds have recently made changes to their positions in VMBS. Truvestments Capital LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at about $35,000. Castleview Partners LLC boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 531.9% during the 3rd quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 734 shares in the last quarter. Armstrong Advisory Group Inc. bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at about $45,000. First PREMIER Bank boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 214.5% in the third quarter. First PREMIER Bank now owns 1,478 shares of the exchange traded fund’s stock worth $70,000 after acquiring an additional 1,008 shares in the last quarter. Finally, Sugarloaf Wealth Management LLC boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 34.1% in the third quarter. Sugarloaf Wealth Management LLC now owns 1,806 shares of the exchange traded fund’s stock worth $85,000 after acquiring an additional 459 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Up 1.0 %

Shares of NASDAQ:VMBS opened at $45.20 on Thursday. The business has a fifty day simple moving average of $45.63 and a 200 day simple moving average of $46.19. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $44.04 and a 12-month high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were issued a dividend of $0.1522 per share. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.14. The ex-dividend date was Tuesday, December 24th.

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).