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

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

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of VMBS stock traded up $0.04 during trading hours on Thursday, reaching $45.64. 2,095,244 shares of the company’s stock were exchanged, compared to its average volume of 2,070,918. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $44.04 and a 1 year high of $47.59. The stock’s fifty day moving average price is $45.57 and its two-hundred day moving average price is $46.18.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were given a dividend of $0.1522 per share. The ex-dividend date of this dividend was Tuesday, December 24th. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.14.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Truvestments Capital LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF in the 3rd quarter worth $35,000. POM Investment Strategies LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth about $37,000. Castleview Partners LLC lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 531.9% during the third quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 734 shares during the period. Armstrong Advisory Group Inc. purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the third quarter valued at approximately $45,000. Finally, First PREMIER Bank increased its holdings in Vanguard Mortgage-Backed Securities ETF by 214.5% in the 3rd quarter. First PREMIER Bank now owns 1,478 shares of the exchange traded fund’s stock worth $70,000 after buying an additional 1,008 shares during the period.

Vanguard Mortgage-Backed Securities ETF Company Profile

(Get Free Report)

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).

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