Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Short Interest Down 56.4% in September

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 1,290,000 shares, a decrease of 56.4% from the August 31st total of 2,960,000 shares. Based on an average daily volume of 1,395,800 shares, the short-interest ratio is currently 0.9 days. Based on an average daily volume of 1,395,800 shares, the short-interest ratio is currently 0.9 days.

Institutional Trading of Vanguard Mortgage-Backed Securities ETF

A number of hedge funds have recently modified their holdings of VMBS. Southland Equity Partners LLC increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 2.1% during the second quarter. Southland Equity Partners LLC now owns 10,767 shares of the exchange traded fund’s stock valued at $499,000 after purchasing an additional 220 shares during the period. Security Financial Services INC. boosted its stake in Vanguard Mortgage-Backed Securities ETF by 0.7% during the second quarter. Security Financial Services INC. now owns 34,146 shares of the exchange traded fund’s stock worth $1,582,000 after buying an additional 235 shares in the last quarter. Kovack Advisors Inc. increased its holdings in Vanguard Mortgage-Backed Securities ETF by 1.3% in the 2nd quarter. Kovack Advisors Inc. now owns 18,315 shares of the exchange traded fund’s stock valued at $849,000 after buying an additional 242 shares during the period. Richardson Financial Services Inc. raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 5.7% in the 2nd quarter. Richardson Financial Services Inc. now owns 4,730 shares of the exchange traded fund’s stock valued at $219,000 after buying an additional 254 shares in the last quarter. Finally, Veridan Wealth LLC boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 0.5% during the 1st quarter. Veridan Wealth LLC now owns 50,039 shares of the exchange traded fund’s stock valued at $2,317,000 after acquiring an additional 264 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ:VMBS opened at $46.97 on Friday. The firm’s 50-day moving average is $46.64 and its 200-day moving average is $46.11. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $44.65 and a 52-week high of $47.38.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st were issued a $0.1533 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 3.9%.

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).