Short Interest in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Drops By 77.3%

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) saw a significant decrease in short interest in December. As of December 15th, there was short interest totaling 1,120,333 shares, a decrease of 77.3% from the November 30th total of 4,927,117 shares. Based on an average daily volume of 1,509,694 shares, the short-interest ratio is presently 0.7 days. Approximately 0.3% of the company’s shares are sold short. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 1,509,694 shares, the short-interest ratio is presently 0.7 days.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of VMBS stock opened at $47.14 on Friday. The firm has a 50 day moving average of $47.13 and a two-hundred day moving average of $46.66. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.65 and a 52 week high of $47.46.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 3rd. Stockholders of record on Monday, December 1st were given a dividend of $0.1615 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

Institutional Trading of Vanguard Mortgage-Backed Securities ETF

A number of institutional investors have recently bought and sold shares of the business. Certus Wealth Management LLC grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 5.1% during the second quarter. Certus Wealth Management LLC now owns 47,029 shares of the exchange traded fund’s stock worth $2,179,000 after purchasing an additional 2,289 shares during the last quarter. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the second quarter valued at about $1,943,000. ONE Advisory Partners LLC raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 9.0% in the second quarter. ONE Advisory Partners LLC now owns 151,460 shares of the exchange traded fund’s stock valued at $6,960,000 after buying an additional 12,459 shares during the last quarter. Keystone Global Partners LLC boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 28.5% during the second quarter. Keystone Global Partners LLC now owns 180,737 shares of the exchange traded fund’s stock worth $8,375,000 after buying an additional 40,078 shares during the period. Finally, Bank of America Corp DE grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 1.2% during the second quarter. Bank of America Corp DE now owns 53,150,304 shares of the exchange traded fund’s stock worth $2,462,985,000 after buying an additional 643,509 shares during the last quarter.

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). 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).