Short Interest in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Drops By 43.6%

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) saw a significant decline in short interest in June. As of June 15th, there was short interest totaling 1,671,594 shares, a decline of 43.6% from the May 31st total of 2,965,785 shares. Currently, 0.5% of the company’s stock are short sold. Based on an average daily volume of 1,278,525 shares, the short-interest ratio is presently 1.3 days.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.4%

Shares of NASDAQ:VMBS traded down $0.18 during mid-day trading on Wednesday, reaching $46.63. 205,418 shares of the stock were exchanged, compared to its average volume of 1,634,516. Vanguard Mortgage-Backed Securities ETF has a one year low of $45.69 and a one year high of $47.90. The stock’s 50 day simple moving average is $46.74 and its 200-day simple moving average is $47.02.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were given a dividend of $0.1634 per share. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Monday, June 1st.

Institutional Trading of Vanguard Mortgage-Backed Securities ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in VMBS. DecisionPoint Financial LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth $25,000. Glen Eagle Advisors LLC grew its position in Vanguard Mortgage-Backed Securities ETF by 1,609.7% in the fourth quarter. Glen Eagle Advisors LLC now owns 530 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 499 shares in the last quarter. Vision Retirement LLC increased its stake in Vanguard Mortgage-Backed Securities ETF by 1,915.4% in the 1st quarter. Vision Retirement LLC now owns 524 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 498 shares during the last quarter. Imprint Wealth LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the 3rd quarter valued at $25,000. Finally, Ascentis Independent Advisors acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the 1st quarter valued at $27,000.

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).