Short Interest in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Decreases By 57.3%

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 1,069,571 shares, a decrease of 57.3% from the June 30th total of 2,504,753 shares. Based on an average daily trading volume, of 1,356,899 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.3% of the company’s stock are short sold.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of VMBS traded down $0.01 on Wednesday, hitting $46.36. 887,712 shares of the stock traded hands, compared to its average volume of 1,596,898. Vanguard Mortgage-Backed Securities ETF has a one year low of $46.00 and a one year high of $47.90. The business has a 50 day simple moving average of $46.58 and a 200 day simple moving average of $46.92.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.1645 per share. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date was Wednesday, July 1st.

Institutional Trading of Vanguard Mortgage-Backed Securities ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Focus Partners Wealth purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at $113,419,000. Bank of America Corp DE raised its position in Vanguard Mortgage-Backed Securities ETF by 3.7% in the 4th quarter. Bank of America Corp DE now owns 59,766,080 shares of the exchange traded fund’s stock worth $2,813,787,000 after buying an additional 2,147,360 shares during the last quarter. Stifel Financial Corp raised its position in Vanguard Mortgage-Backed Securities ETF by 32.3% in the 4th quarter. Stifel Financial Corp now owns 8,298,375 shares of the exchange traded fund’s stock worth $390,688,000 after buying an additional 2,026,709 shares during the last quarter. Alesco Advisors LLC bought a new position in Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at about $71,911,000. Finally, Wells Fargo & Company MN lifted its stake in Vanguard Mortgage-Backed Securities ETF by 10.3% during the 4th quarter. Wells Fargo & Company MN now owns 9,007,305 shares of the exchange traded fund’s stock valued at $424,064,000 after acquiring an additional 843,178 shares during the period.

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). 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).