Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Short Interest Down 70.8% in February

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) was the target of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 379,500 shares, a decrease of 70.8% from the January 31st total of 1,300,000 shares. Based on an average daily trading volume, of 2,342,600 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VMBS. Bank of America Corp DE lifted its stake in Vanguard Mortgage-Backed Securities ETF by 6.1% in the fourth quarter. Bank of America Corp DE now owns 73,174,421 shares of the exchange traded fund’s stock valued at $3,317,728,000 after buying an additional 4,180,821 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 442.0% in the 4th quarter. JPMorgan Chase & Co. now owns 46,510,374 shares of the exchange traded fund’s stock worth $2,108,780,000 after acquiring an additional 37,928,555 shares during the period. Bank of New York Mellon Corp lifted its position in Vanguard Mortgage-Backed Securities ETF by 1.7% in the 4th quarter. Bank of New York Mellon Corp now owns 10,292,783 shares of the exchange traded fund’s stock valued at $466,675,000 after purchasing an additional 169,602 shares during the last quarter. Assetmark Inc. boosted its stake in Vanguard Mortgage-Backed Securities ETF by 6.2% during the 4th quarter. Assetmark Inc. now owns 8,115,991 shares of the exchange traded fund’s stock valued at $367,979,000 after purchasing an additional 473,940 shares during the period. Finally, LPL Financial LLC grew its position in Vanguard Mortgage-Backed Securities ETF by 16.7% in the 4th quarter. LPL Financial LLC now owns 6,047,503 shares of the exchange traded fund’s stock worth $274,194,000 after purchasing an additional 866,903 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of NASDAQ VMBS opened at $46.49 on Friday. The firm’s 50-day moving average price is $45.46 and its two-hundred day moving average price is $46.11. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $44.04 and a 52-week high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a $0.1598 dividend. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Monday, February 3rd.

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).