Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Short Interest Down 17.1% in January

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 2,660,000 shares, a decrease of 17.1% from the December 31st total of 3,210,000 shares. Based on an average trading volume of 2,297,400 shares, the days-to-cover ratio is currently 1.2 days.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.1 %

NASDAQ VMBS traded down $0.04 during trading hours on Friday, reaching $45.60. 1,599,139 shares of the stock traded hands, compared to its average volume of 2,047,327. The stock has a 50 day simple moving average of $45.57 and a two-hundred day simple moving average of $46.17. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $44.04 and a 1 year high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company 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 boost from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.14. The ex-dividend date of this dividend was Tuesday, December 24th.

Institutional Trading of Vanguard Mortgage-Backed Securities ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Kovitz Investment Group Partners LLC boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 976.7% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 2,036,034 shares of the exchange traded fund’s stock valued at $95,912,000 after purchasing an additional 1,846,939 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Vanguard Mortgage-Backed Securities ETF by 26.1% in the third quarter. JPMorgan Chase & Co. now owns 8,581,819 shares of the exchange traded fund’s stock worth $405,148,000 after purchasing an additional 1,777,531 shares during the last quarter. Raymond James & Associates boosted its position in Vanguard Mortgage-Backed Securities ETF by 102.5% during the third quarter. Raymond James & Associates now owns 3,431,563 shares of the exchange traded fund’s stock valued at $162,004,000 after buying an additional 1,737,364 shares during the period. Intelligence Driven Advisers LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter valued at about $29,555,000. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 63.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,266,633 shares of the exchange traded fund’s stock worth $59,798,000 after buying an additional 489,804 shares during the period.

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).