Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Short Interest Down 70.8% in February

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) saw a significant decline in short interest in February. As of February 15th, there was short interest totalling 379,500 shares, a decline of 70.8% from the January 31st total of 1,300,000 shares. Based on an average daily volume of 2,342,600 shares, the days-to-cover ratio is presently 0.2 days.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.1 %

VMBS opened at $46.28 on Friday. The business’s fifty day moving average is $45.44 and its two-hundred day moving average is $46.11. Vanguard Mortgage-Backed Securities ETF has a one year low of $44.04 and a one year high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a $0.1598 dividend. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Monday, February 3rd.

Institutional Trading of Vanguard Mortgage-Backed Securities ETF

Several institutional investors and hedge funds have recently made changes to their positions in VMBS. JPMorgan Chase & Co. lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 442.0% in the fourth quarter. JPMorgan Chase & Co. now owns 46,510,374 shares of the exchange traded fund’s stock valued at $2,108,780,000 after acquiring an additional 37,928,555 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at $199,949,000. Bank of America Corp DE lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 6.1% in the fourth quarter. Bank of America Corp DE now owns 73,174,421 shares of the exchange traded fund’s stock valued at $3,317,728,000 after acquiring an additional 4,180,821 shares in the last quarter. Wealthfront Advisers LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at $140,368,000. Finally, Morningstar Investment Management LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at $116,296,000.

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).