Short Interest in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Increases By 133.4%

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 2,438,204 shares, a growth of 133.4% from the April 30th total of 1,044,746 shares. Based on an average daily trading volume, of 1,395,563 shares, the days-to-cover ratio is presently 1.7 days. Approximately 0.8% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in VMBS. City State Bank increased its position in Vanguard Mortgage-Backed Securities ETF by 0.6% in the 4th quarter. City State Bank now owns 36,957 shares of the exchange traded fund’s stock valued at $1,740,000 after acquiring an additional 235 shares in the last quarter. Genesis Private Wealth LLC raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 1.1% in the first quarter. Genesis Private Wealth LLC now owns 20,912 shares of the exchange traded fund’s stock valued at $982,000 after purchasing an additional 237 shares during the last quarter. Maia Wealth LLC increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 2.6% during the 3rd quarter. Maia Wealth LLC now owns 9,323 shares of the exchange traded fund’s stock worth $438,000 after purchasing an additional 240 shares during the last quarter. Rehmann Capital Advisory Group boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 3.2% in the 4th quarter. Rehmann Capital Advisory Group now owns 7,931 shares of the exchange traded fund’s stock valued at $373,000 after buying an additional 243 shares during the last quarter. Finally, Saranac Partners Ltd raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 2.1% in the 4th quarter. Saranac Partners Ltd now owns 11,728 shares of the exchange traded fund’s stock valued at $552,000 after purchasing an additional 245 shares during the period.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.4%

Shares of NASDAQ:VMBS traded down $0.19 on Tuesday, hitting $46.72. The company’s stock had a trading volume of 1,355,270 shares, compared to its average volume of 1,719,531. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $45.23 and a 12 month high of $47.90. The stock’s 50-day moving average is $46.82 and its two-hundred day moving average is $47.07.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st will be given a $0.1634 dividend. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16. The ex-dividend date is Monday, June 1st.

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).