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

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) was the recipient of a large drop in short interest in May. As of May 31st, there was short interest totalling 246,900 shares, a drop of 76.9% from the May 15th total of 1,070,000 shares. Based on an average daily trading volume, of 3,717,900 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Trading of Vanguard Mortgage-Backed Securities ETF

Several institutional investors and hedge funds have recently made changes to their positions in VMBS. Brighton Jones LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 4.6% during the 4th quarter. Brighton Jones LLC now owns 7,833 shares of the exchange traded fund’s stock valued at $355,000 after buying an additional 347 shares in the last quarter. Choreo LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth $462,000. Strategic Financial Concepts LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth $506,000. Stephens Inc. AR raised its position in Vanguard Mortgage-Backed Securities ETF by 8.9% in the 4th quarter. Stephens Inc. AR now owns 24,836 shares of the exchange traded fund’s stock worth $1,126,000 after purchasing an additional 2,035 shares during the period. Finally, Kestra Private Wealth Services LLC raised its position in Vanguard Mortgage-Backed Securities ETF by 16.1% in the 4th quarter. Kestra Private Wealth Services LLC now owns 39,974 shares of the exchange traded fund’s stock worth $1,812,000 after purchasing an additional 5,540 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Vanguard Mortgage-Backed Securities ETF stock opened at $45.69 on Friday. The firm’s fifty day moving average price is $45.65 and its 200-day moving average price is $45.72. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.65 and a fifty-two week high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were given a dividend of $0.1607 per share. The ex-dividend date of this dividend was Monday, June 2nd. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16.

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).