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

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 2,654,038 shares, an increase of 149.4% from the December 31st total of 1,063,987 shares. Based on an average trading volume of 2,989,802 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.8% of the company’s shares are sold short. Currently, 0.8% of the company’s shares are sold short. Based on an average trading volume of 2,989,802 shares, the days-to-cover ratio is presently 0.9 days.

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ:VMBS traded down $0.05 during trading hours on Friday, reaching $47.25. 738,087 shares of the company were exchanged, compared to its average volume of 2,311,730. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $44.85 and a 52-week high of $47.46. The stock has a 50 day simple moving average of $47.15 and a 200 day simple moving average of $46.88.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, February 4th. Investors of record on Monday, February 2nd will be issued a dividend of $0.1645 per share. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Monday, February 2nd. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16.

Institutional Trading of Vanguard Mortgage-Backed Securities ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 8.4% in the 3rd quarter. Bank of America Corp DE now owns 57,618,720 shares of the exchange traded fund’s stock valued at $2,705,775,000 after buying an additional 4,468,416 shares in the last quarter. Angeles Investment Advisors LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at $90,328,000. Alesco Advisors LLC bought a new position in Vanguard Mortgage-Backed Securities ETF in the 4th quarter valued at $71,911,000. JPMorgan Chase & Co. boosted its stake in Vanguard Mortgage-Backed Securities ETF by 2.5% in the third quarter. JPMorgan Chase & Co. now owns 50,924,140 shares of the exchange traded fund’s stock worth $2,391,398,000 after purchasing an additional 1,253,241 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 5.4% during the third quarter. Envestnet Asset Management Inc. now owns 22,220,955 shares of the exchange traded fund’s stock worth $1,043,496,000 after purchasing an additional 1,139,467 shares during the last quarter.

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). 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).