Short Interest in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Drops By 66.2%

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) saw a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 3,210,000 shares, a drop of 66.2% from the November 30th total of 9,500,000 shares. Based on an average daily trading volume, of 2,158,600 shares, the days-to-cover ratio is presently 1.5 days.

Institutional Investors Weigh In On Vanguard Mortgage-Backed Securities ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Asset Dedication LLC boosted its holdings 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 worth $26,000 after buying an additional 550 shares in the last quarter. Carmichael Hill & Associates Inc. grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 59.7% during the 2nd quarter. Carmichael Hill & Associates Inc. now owns 736 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 275 shares during the period. Truvestments Capital LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 3rd quarter valued at about $35,000. Castleview Partners LLC increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 531.9% in 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. Finally, Armstrong Advisory Group Inc. acquired a new position in Vanguard Mortgage-Backed Securities ETF in the 3rd quarter worth about $45,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ VMBS remained flat at $45.24 during trading on Friday. The company’s stock had a trading volume of 3,698,695 shares, compared to its average volume of 1,770,364. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.04 and a fifty-two week high of $47.59. The firm’s fifty day moving average is $45.82 and its 200 day moving average is $46.22.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

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

Vanguard Mortgage-Backed Securities ETF Company Profile

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).