Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Short Interest Down 75.6% in February

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBSGet Free Report) was the target of a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 195,962 shares, a decrease of 75.6% from the February 12th total of 803,903 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 1,561,735 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 1,561,735 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Trading of Vanguard Mortgage-Backed Securities ETF

Hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 8.4% during the third 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 buying an additional 4,468,416 shares during the last quarter. Focus Partners Wealth acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth $113,419,000. Stifel Financial Corp grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 32.3% in the fourth quarter. Stifel Financial Corp now owns 8,298,375 shares of the exchange traded fund’s stock worth $390,688,000 after acquiring an additional 2,026,709 shares during the last quarter. Angeles Investment Advisors LLC bought a new position in Vanguard Mortgage-Backed Securities ETF during the third quarter worth $90,328,000. Finally, Alesco Advisors LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at $71,911,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

VMBS traded down $0.08 during trading on Tuesday, hitting $47.27. The stock had a trading volume of 1,075,591 shares, compared to its average volume of 1,893,661. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $44.85 and a 12 month high of $47.90. The company has a 50 day simple moving average of $47.31 and a 200-day simple moving average of $47.13.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a $0.1609 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

Vanguard Mortgage-Backed Securities ETF Company Profile

(Get Free Report)

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).

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