Short Interest in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Declines By 65.4%

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) saw a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 1,044,746 shares, a decline of 65.4% from the April 15th total of 3,022,967 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 1,361,692 shares, the short-interest ratio is presently 0.8 days.

Institutional Investors Weigh In On Vanguard Mortgage-Backed Securities ETF

A number of large investors have recently modified their holdings of VMBS. Waverly Advisors LLC boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 70.6% during the 1st quarter. Waverly Advisors LLC now owns 58,918 shares of the exchange traded fund’s stock valued at $2,766,000 after acquiring an additional 24,391 shares during the last quarter. Compound Planning Inc. boosted its stake in Vanguard Mortgage-Backed Securities ETF by 46.6% during the first quarter. Compound Planning Inc. now owns 13,876 shares of the exchange traded fund’s stock worth $651,000 after buying an additional 4,409 shares during the period. Modern Wealth Management LLC lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 1.5% during the first quarter. Modern Wealth Management LLC now owns 270,402 shares of the exchange traded fund’s stock worth $12,663,000 after purchasing an additional 4,000 shares in the last quarter. Liberty One Investment Management LLC lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 45.0% during the first quarter. Liberty One Investment Management LLC now owns 51,679 shares of the exchange traded fund’s stock worth $2,426,000 after purchasing an additional 16,050 shares in the last quarter. Finally, Sei Investments Co. lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 2.0% during the first quarter. Sei Investments Co. now owns 92,823 shares of the exchange traded fund’s stock worth $4,358,000 after purchasing an additional 1,820 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.8%

VMBS traded down $0.36 during trading on Friday, hitting $46.32. 648,772 shares of the stock were exchanged, compared to its average volume of 1,739,755. The firm has a 50 day simple moving average of $46.96 and a 200 day simple moving average of $47.12. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $45.05 and a 1 year high of $47.90.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were issued a dividend of $0.1609 per share. The ex-dividend date of this dividend was Friday, May 1st.

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).