Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Sees Large Decline in Short Interest

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) was the recipient of a large decline in short interest in January. As of January 31st, there was short interest totalling 1,300,000 shares, a decline of 26.1% from the January 15th total of 1,760,000 shares. Based on an average trading volume of 2,364,400 shares, the short-interest ratio is presently 0.5 days.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.4 %

Shares of VMBS traded up $0.19 during trading hours on Friday, hitting $45.73. The company had a trading volume of 909,116 shares, compared to its average volume of 1,885,477. Vanguard Mortgage-Backed Securities ETF has a one year low of $44.04 and a one year high of $47.59. The company’s fifty day moving average price is $45.44 and its two-hundred day moving average price is $46.15.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a $0.1598 dividend. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Monday, February 3rd.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. grew its stake in Vanguard Mortgage-Backed Securities ETF by 442.0% during the 4th quarter. JPMorgan Chase & Co. now owns 46,510,374 shares of the exchange traded fund’s stock worth $2,108,780,000 after buying an additional 37,928,555 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth $199,949,000. Wealthfront Advisers LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth $140,368,000. Morningstar Investment Management LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth $116,296,000. Finally, Kovitz Investment Group Partners LLC grew its stake in Vanguard Mortgage-Backed Securities ETF by 976.7% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 2,036,034 shares of the exchange traded fund’s stock worth $95,912,000 after buying an additional 1,846,939 shares during 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).