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

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) was the target of a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 195,962 shares, a drop of 75.6% from the February 12th total of 803,903 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 1,561,735 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 1,561,735 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $47.27 on Wednesday. The business has a 50-day simple moving average of $47.32 and a 200-day simple moving average of $47.14. Vanguard Mortgage-Backed Securities ETF has a one year low of $44.85 and a one year high of $47.90.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a $0.1609 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.1%.

Institutional Investors Weigh In On Vanguard Mortgage-Backed Securities ETF

A number of large investors have recently modified their holdings of the company. DecisionPoint Financial LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth $25,000. Glen Eagle Advisors LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 1,609.7% in the 4th quarter. Glen Eagle Advisors LLC now owns 530 shares of the exchange traded fund’s stock valued at $25,000 after buying 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 3rd quarter valued at $25,000. Kingdom Financial Group LLC. purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter valued at $29,000. Finally, MilWealth Group LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth $30,000.

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).