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

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) was the target of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 122,600 shares, a decrease of 80.8% from the March 15th total of 637,500 shares. Based on an average daily volume of 182,100 shares, the short-interest ratio is currently 0.7 days.

Institutional Investors Weigh In On Vanguard Mortgage-Backed Securities ETF

A number of hedge funds have recently bought and sold shares of the stock. Parkside Advisors LLC raised its position in Vanguard Mortgage-Backed Securities ETF by 4.0% in the 1st quarter. Parkside Advisors LLC now owns 474,195 shares of the exchange traded fund’s stock valued at $21,628,000 after purchasing an additional 18,024 shares in the last quarter. Ridgewood Investments LLC raised its position in Vanguard Mortgage-Backed Securities ETF by 10.5% in the 1st quarter. Ridgewood Investments LLC now owns 15,080 shares of the exchange traded fund’s stock valued at $688,000 after purchasing an additional 1,431 shares in the last quarter. Signal Advisors Wealth LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 98.9% in the 1st quarter. Signal Advisors Wealth LLC now owns 45,556 shares of the exchange traded fund’s stock valued at $2,078,000 after acquiring an additional 22,655 shares during the last quarter. Massmutual Trust Co. FSB ADV increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 2.2% in the 1st quarter. Massmutual Trust Co. FSB ADV now owns 150,194 shares of the exchange traded fund’s stock valued at $6,850,000 after acquiring an additional 3,176 shares during the last quarter. Finally, Marion Wealth Management increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 1.8% in the 1st quarter. Marion Wealth Management now owns 102,569 shares of the exchange traded fund’s stock valued at $4,678,000 after acquiring an additional 1,796 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS opened at $44.48 on Thursday. The stock’s 50-day moving average price is $45.38 and its 200 day moving average price is $44.90. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $42.06 and a 12-month high of $47.04.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were given a $0.1462 dividend. The ex-dividend date was Monday, April 1st. This represents a $1.75 dividend on an annualized basis and a yield of 3.94%. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.14.

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).