Short Interest in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Declines By 67.6%

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) was the recipient of a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 803,903 shares, a decrease of 67.6% from the January 29th total of 2,481,262 shares. Based on an average trading volume of 1,517,577 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.3% of the shares of the stock are sold short. Currently, 0.3% of the shares of the stock are sold short. Based on an average trading volume of 1,517,577 shares, the days-to-cover ratio is currently 0.5 days.

Hedge Funds Weigh In On Vanguard Mortgage-Backed Securities ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. DecisionPoint Financial LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth approximately $25,000. Glen Eagle Advisors LLC grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 1,609.7% in the fourth quarter. Glen Eagle Advisors LLC now owns 530 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 499 shares in the last quarter. Imprint Wealth LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF in the third quarter valued at $25,000. Kingdom Financial Group LLC. bought a new stake in Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth $29,000. Finally, MilWealth Group LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at $30,000.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.1%

Shares of NASDAQ VMBS opened at $47.64 on Thursday. The firm’s fifty day moving average is $47.26 and its two-hundred day moving average is $47.06. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $44.85 and a 52-week high of $47.76.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were given a dividend of $0.1645 per share. The ex-dividend date was Monday, February 2nd. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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).