Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Sees Large Decrease in Short Interest

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) was the target of a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 803,903 shares, a decrease of 67.6% from the January 29th total of 2,481,262 shares. Based on an average trading volume of 1,517,577 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.3% of the company’s shares are sold short. Currently, 0.3% of the company’s shares are sold short. Based on an average trading volume of 1,517,577 shares, the days-to-cover ratio is presently 0.5 days.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.2%

Vanguard Mortgage-Backed Securities ETF stock opened at $47.86 on Friday. The business’s 50-day simple moving average is $47.29 and its 200 day simple moving average is $47.08. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $44.85 and a 12-month high of $47.90.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were paid a $0.1645 dividend. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.1%.

Hedge Funds Weigh In On Vanguard Mortgage-Backed Securities ETF

Several large investors have recently bought and sold shares of VMBS. Bank of America Corp DE grew its holdings in Vanguard Mortgage-Backed Securities ETF by 8.4% during the 3rd quarter. Bank of America Corp DE now owns 57,618,720 shares of the exchange traded fund’s stock worth $2,705,775,000 after acquiring an additional 4,468,416 shares during the period. Focus Partners Wealth bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth $113,419,000. Stifel Financial Corp grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 32.3% during the fourth quarter. Stifel Financial Corp now owns 8,298,375 shares of the exchange traded fund’s stock worth $390,688,000 after purchasing an additional 2,026,709 shares during the period. Angeles Investment Advisors LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF in the third quarter valued at about $90,328,000. Finally, Alesco Advisors LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at about $71,911,000.

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). The Index covers the United States agency mortgage-backed, pass-through securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).