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

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) saw a significant decline in short interest during 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 trading volume of 2,158,600 shares, the short-interest ratio is currently 1.5 days.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS opened at $45.17 on Thursday. The company’s 50 day simple moving average is $45.87 and its 200-day simple moving average is $46.23. Vanguard Mortgage-Backed Securities ETF has a one year low of $44.04 and a one year high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th will be given a dividend of $0.1522 per share. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.14. The ex-dividend date is Tuesday, December 24th.

Institutional Investors Weigh In On Vanguard Mortgage-Backed Securities ETF

A number of institutional investors have recently made changes to their positions in the stock. International Assets Investment Management LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the 2nd quarter worth approximately $110,000. Adero Partners LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the 2nd quarter valued at approximately $295,000. TFB Advisors LLC grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 3.4% during the 2nd quarter. TFB Advisors LLC now owns 23,158 shares of the exchange traded fund’s stock worth $1,051,000 after acquiring an additional 771 shares in the last quarter. Sage Rhino Capital LLC lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 1.7% in the second quarter. Sage Rhino Capital LLC now owns 66,464 shares of the exchange traded fund’s stock worth $3,017,000 after purchasing an additional 1,115 shares in the last quarter. Finally, Jaffetilchin Investment Partners LLC grew its position in Vanguard Mortgage-Backed Securities ETF by 3.2% in the second quarter. Jaffetilchin Investment Partners LLC now owns 404,393 shares of the exchange traded fund’s stock valued at $18,359,000 after purchasing an additional 12,495 shares in the last quarter.

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).