Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Short Interest Down 57.3% in July

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 1,069,571 shares, a decline of 57.3% from the June 30th total of 2,504,753 shares. Based on an average daily volume of 1,356,899 shares, the short-interest ratio is currently 0.8 days. Approximately 0.3% of the shares of the company are sold short.

Hedge Funds Weigh In On Vanguard Mortgage-Backed Securities ETF

Large investors have recently made changes to their positions in the stock. Brighton Jones LLC grew its position in Vanguard Mortgage-Backed Securities ETF by 4.6% during the fourth quarter. Brighton Jones LLC now owns 7,833 shares of the exchange traded fund’s stock worth $355,000 after buying an additional 347 shares during the period. AQR Capital Management LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF in the first quarter valued at about $342,000. Focus Partners Wealth acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 1st quarter valued at approximately $921,000. Baird Financial Group Inc. acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 2nd quarter valued at approximately $210,000. Finally, Brown Advisory Inc. boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 26.0% during the 2nd quarter. Brown Advisory Inc. now owns 6,411 shares of the exchange traded fund’s stock worth $297,000 after acquiring an additional 1,323 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS opened at $46.19 on Monday. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $45.88 and a 12 month high of $47.90. The business has a 50 day simple moving average of $46.57 and a 200-day simple moving average of $46.93.

Vanguard Mortgage-Backed Securities ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were issued a $0.1645 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 4.3%.

About Vanguard Mortgage-Backed Securities ETF

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).