Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Sees Significant Decline in Short Interest

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 1,120,333 shares, a decline of 77.3% from the November 30th total of 4,927,117 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 1,509,694 shares, the short-interest ratio is currently 0.7 days. Based on an average daily trading volume, of 1,509,694 shares, the short-interest ratio is currently 0.7 days. Currently, 0.3% of the company’s shares are sold short.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.0%

Shares of NASDAQ:VMBS opened at $47.13 on Friday. The firm’s 50 day simple moving average is $47.12 and its 200-day simple moving average is $46.67. Vanguard Mortgage-Backed Securities ETF has a one year low of $44.65 and a one year high of $47.46.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Monday, December 1st were given a dividend of $0.1615 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) dividend on an annualized basis and a yield of 4.1%.

Hedge Funds Weigh In On Vanguard Mortgage-Backed Securities ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Southland Equity Partners LLC boosted its stake 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 in the last quarter. Absolute Capital Management LLC lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 1.8% during the third quarter. Absolute Capital Management LLC now owns 13,167 shares of the exchange traded fund’s stock worth $618,000 after buying an additional 233 shares during the period. Security Financial Services INC. boosted its position in Vanguard Mortgage-Backed Securities ETF by 0.7% during the 2nd quarter. Security Financial Services INC. now owns 34,146 shares of the exchange traded fund’s stock valued at $1,582,000 after acquiring an additional 235 shares in the last quarter. Maia Wealth LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 2.6% in the 3rd quarter. Maia Wealth LLC now owns 9,323 shares of the exchange traded fund’s stock valued at $438,000 after acquiring an additional 240 shares during the period. Finally, Kovack Advisors Inc. raised its position in shares of 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 worth $849,000 after acquiring an additional 242 shares in 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).