Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Short Interest Up 24.8% in March

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 1,020,000 shares, an increase of 24.8% from the February 28th total of 817,400 shares. Based on an average trading volume of 2,077,600 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the company’s stock are sold short.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.3 %

VMBS stock opened at $46.20 on Thursday. The firm has a 50 day moving average price of $45.90 and a 200-day moving average price of $45.96. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $44.04 and a 52-week high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st will be paid a dividend of $0.164 per share. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date is Tuesday, April 1st. This represents a $1.97 dividend on an annualized basis and a yield of 4.26%.

Hedge Funds Weigh In On Vanguard Mortgage-Backed Securities ETF

A number of hedge funds have recently bought and sold shares of the company. Bank of America Corp DE raised its holdings in 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 worth $3,317,728,000 after buying an additional 4,180,821 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in Vanguard Mortgage-Backed Securities ETF by 442.0% in the 4th quarter. JPMorgan Chase & Co. now owns 46,510,374 shares of the exchange traded fund’s stock worth $2,108,780,000 after acquiring an additional 37,928,555 shares during the last quarter. Bank of New York Mellon Corp lifted its position in Vanguard Mortgage-Backed Securities ETF by 1.7% in the 4th quarter. Bank of New York Mellon Corp now owns 10,292,783 shares of the exchange traded fund’s stock valued at $466,675,000 after acquiring an additional 169,602 shares in the last quarter. Assetmark Inc. boosted its stake in Vanguard Mortgage-Backed Securities ETF by 6.2% during the 4th quarter. Assetmark Inc. now owns 8,115,991 shares of the exchange traded fund’s stock valued at $367,979,000 after purchasing an additional 473,940 shares during the last quarter. Finally, LPL Financial LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 16.7% in the 4th quarter. LPL Financial LLC now owns 6,047,503 shares of the exchange traded fund’s stock worth $274,194,000 after purchasing an additional 866,903 shares in the last quarter.

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).