Short Interest in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Decreases By 66.2%

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) was the recipient of a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 3,210,000 shares, a decline of 66.2% from the November 30th total of 9,500,000 shares. Based on an average daily trading volume, of 2,158,600 shares, the days-to-cover ratio is currently 1.5 days.

Hedge Funds Weigh In On Vanguard Mortgage-Backed Securities ETF

Hedge funds have recently added to or reduced their stakes in the stock. Asset Dedication LLC raised its position in Vanguard Mortgage-Backed Securities ETF by 3,666.7% during the 2nd quarter. Asset Dedication LLC now owns 565 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 550 shares in the last quarter. Carmichael Hill & Associates Inc. raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 59.7% in the 2nd quarter. Carmichael Hill & Associates Inc. now owns 736 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 275 shares in the last quarter. Truvestments Capital LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter valued at about $35,000. Castleview Partners LLC lifted its position in Vanguard Mortgage-Backed Securities ETF by 531.9% during the third quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 734 shares during the last quarter. Finally, Armstrong Advisory Group Inc. purchased a new position in Vanguard Mortgage-Backed Securities ETF in the third quarter worth $45,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

VMBS remained flat at $45.24 during trading hours on Friday. The company had a trading volume of 3,698,695 shares, compared to its average volume of 1,770,364. The firm’s 50-day simple moving average is $45.82 and its two-hundred day simple moving average is $46.22. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.04 and a 52 week high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were issued a dividend of $0.1522 per share. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.14. The ex-dividend date of this dividend was Tuesday, December 24th.

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).