Short Interest in Vanguard Mortgage-Backed Securities Index Fund ETF Shares (NASDAQ:VMBS) Rises By 420.2%

Vanguard Mortgage-Backed Securities Index Fund ETF Shares (NASDAQ:VMBSGet Rating) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 2,820,000 shares, a growth of 420.2% from the March 31st total of 542,100 shares. Based on an average daily volume of 2,412,600 shares, the days-to-cover ratio is presently 1.2 days.

Shares of Vanguard Mortgage-Backed Securities Index Fund ETF Shares stock traded up $0.06 on Wednesday, hitting $48.65. The company had a trading volume of 128,819 shares, compared to its average volume of 2,357,997. The stock has a 50-day moving average of $50.03 and a 200-day moving average of $51.70. Vanguard Mortgage-Backed Securities Index Fund ETF Shares has a twelve month low of $47.88 and a twelve month high of $53.69.

The business also recently disclosed a monthly dividend, which was paid on Friday, March 4th. Investors of record on Wednesday, March 2nd were given a $0.069 dividend. This is a boost from Vanguard Mortgage-Backed Securities Index Fund ETF Shares’s previous monthly dividend of $0.06. This represents a $0.83 annualized dividend and a yield of 1.70%. The ex-dividend date was Tuesday, March 1st.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Keel Point LLC grew its holdings in shares of Vanguard Mortgage-Backed Securities Index Fund ETF Shares by 70.4% during the first quarter. Keel Point LLC now owns 20,298 shares of the exchange traded fund’s stock worth $1,017,000 after buying an additional 8,386 shares in the last quarter. Avantax Advisory Services Inc. raised its holdings in shares of Vanguard Mortgage-Backed Securities Index Fund ETF Shares by 60.9% in the first quarter. Avantax Advisory Services Inc. now owns 36,834 shares of the exchange traded fund’s stock valued at $1,840,000 after purchasing an additional 13,941 shares during the last quarter. Tiedemann Advisors LLC lifted its position in shares of Vanguard Mortgage-Backed Securities Index Fund ETF Shares by 9.9% in the first quarter. Tiedemann Advisors LLC now owns 143,627 shares of the exchange traded fund’s stock worth $7,196,000 after purchasing an additional 12,989 shares in the last quarter. Center For Asset Management LLC boosted its holdings in Vanguard Mortgage-Backed Securities Index Fund ETF Shares by 1.7% during the first quarter. Center For Asset Management LLC now owns 120,643 shares of the exchange traded fund’s stock worth $6,044,000 after purchasing an additional 2,015 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. grew its position in Vanguard Mortgage-Backed Securities Index Fund ETF Shares by 822.8% in the first quarter. Newbridge Financial Services Group Inc. now owns 1,255 shares of the exchange traded fund’s stock valued at $63,000 after purchasing an additional 1,119 shares in the last quarter.

About Vanguard Mortgage-Backed Securities Index Fund ETF Shares (Get Rating)

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).

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