Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Short Interest Down 75.6% in February

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) was the recipient of a significant drop in short interest in the month of February. As of February 27th, there was short interest totaling 195,962 shares, a drop of 75.6% from the February 12th total of 803,903 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 1,561,735 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 1,561,735 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Trading of Vanguard Mortgage-Backed Securities ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bristlecone Advisors LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 3rd quarter worth approximately $591,000. BlueStem Wealth Partners LLC grew its position in Vanguard Mortgage-Backed Securities ETF by 9.3% in the third quarter. BlueStem Wealth Partners LLC now owns 597,332 shares of the exchange traded fund’s stock valued at $28,051,000 after acquiring an additional 50,651 shares during the period. 1834 Investment Advisors Co. grew its position in Vanguard Mortgage-Backed Securities ETF by 6.6% in the third quarter. 1834 Investment Advisors Co. now owns 270,166 shares of the exchange traded fund’s stock valued at $12,687,000 after acquiring an additional 16,663 shares during the period. Bell Bank raised its stake in Vanguard Mortgage-Backed Securities ETF by 74.3% during the third quarter. Bell Bank now owns 778,461 shares of the exchange traded fund’s stock worth $36,557,000 after acquiring an additional 331,869 shares in the last quarter. Finally, First Interstate Bank lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 2.1% during the third quarter. First Interstate Bank now owns 1,268,396 shares of the exchange traded fund’s stock valued at $59,564,000 after acquiring an additional 25,655 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.2%

VMBS traded down $0.08 during trading on Tuesday, reaching $47.27. 1,075,591 shares of the company’s stock were exchanged, compared to its average volume of 1,893,661. The business has a 50 day moving average price of $47.31 and a 200 day moving average price of $47.13. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.85 and a fifty-two week high of $47.90.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.1609 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Monday, March 2nd.

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). 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).