Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Short Interest Down 66.8% in August

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) saw a large decline in short interest during the month of August. As of August 15th, there was short interest totalling 925,100 shares, a decline of 66.8% from the July 31st total of 2,790,000 shares. Based on an average daily volume of 1,736,100 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of Vanguard Mortgage-Backed Securities ETF

Institutional investors have recently added to or reduced their stakes in the business. Asset Dedication LLC lifted its holdings in shares of 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 worth $26,000 after acquiring an additional 550 shares during the period. Carmichael Hill & Associates Inc. lifted its stake 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 valued at $33,000 after purchasing an additional 275 shares during the period. Headlands Technologies LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the first quarter worth $36,000. FSA Wealth Management LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 1st quarter valued at approximately $53,000. Finally, Triad Wealth Partners LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF in the 2nd quarter valued at approximately $53,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of VMBS traded up $0.01 during trading hours on Wednesday, hitting $47.04. 399,656 shares of the company were exchanged, compared to its average volume of 1,647,407. The firm has a fifty day simple moving average of $46.11 and a 200-day simple moving average of $45.45. Vanguard Mortgage-Backed Securities ETF has a one year low of $42.06 and a one year high of $47.31.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were given a $0.151 dividend. This represents a $1.81 dividend on an annualized basis and a dividend yield of 3.85%. The ex-dividend date was Thursday, August 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).