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

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 2,660,000 shares, a decrease of 17.1% from the December 15th 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

NASDAQ VMBS remained flat at $45.31 during trading hours on Friday. The company had a trading volume of 1,530,411 shares, compared to its average volume of 1,990,065. The business’s 50 day simple moving average is $45.60 and its two-hundred day simple moving average is $46.18. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $44.04 and a 1-year high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were paid a $0.1522 dividend. The ex-dividend date of this dividend was Tuesday, December 24th. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.14.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Federated Hermes Inc. bought a new position in Vanguard Mortgage-Backed Securities ETF in the 2nd quarter worth approximately $5,039,000. Richardson Financial Services Inc. raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 15.6% during the second quarter. Richardson Financial Services Inc. now owns 3,980 shares of the exchange traded fund’s stock worth $181,000 after acquiring an additional 536 shares during the last quarter. Clifford Group LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 5.4% during the second quarter. Clifford Group LLC now owns 38,741 shares of the exchange traded fund’s stock worth $1,759,000 after acquiring an additional 1,994 shares during the last quarter. AE Wealth Management LLC lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.7% during the second quarter. AE Wealth Management LLC now owns 874,270 shares of the exchange traded fund’s stock valued at $39,692,000 after acquiring an additional 23,232 shares during the period. Finally, Sei Investments Co. boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 4.1% in the second quarter. Sei Investments Co. now owns 207,258 shares of the exchange traded fund’s stock valued at $9,410,000 after acquiring an additional 8,104 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).