Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS – Get Free Report) was the target of a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 776,300 shares, an increase of 36.3% from the May 15th total of 569,600 shares. Based on an average daily volume of 1,258,700 shares, the days-to-cover ratio is currently 0.6 days.
Vanguard Mortgage-Backed Securities ETF Trading Up 0.2 %
Shares of VMBS opened at $45.72 on Friday. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $42.06 and a 52-week high of $46.59. The company has a 50-day simple moving average of $44.84 and a 200-day simple moving average of $45.34.
Vanguard Mortgage-Backed Securities ETF Increases Dividend
The company also recently declared a monthly dividend, which was paid on Wednesday, June 5th. Stockholders of record on Monday, June 3rd were paid a dividend of $0.15 per share. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date was Monday, June 3rd. This represents a $1.80 annualized dividend and a dividend yield of 3.94%.
Hedge Funds Weigh In On Vanguard Mortgage-Backed Securities ETF
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the third quarter valued at approximately $157,270,000. Morningstar Investment Services LLC grew its holdings in Vanguard Mortgage-Backed Securities ETF by 200.4% during the 4th quarter. Morningstar Investment Services LLC now owns 5,292,600 shares of the exchange traded fund’s stock valued at $245,629,000 after buying an additional 3,531,000 shares during the last quarter. Charles Schwab Investment Advisory Inc. increased its position in Vanguard Mortgage-Backed Securities ETF by 2.2% during the first quarter. Charles Schwab Investment Advisory Inc. now owns 134,995,733 shares of the exchange traded fund’s stock worth $6,157,155,000 after buying an additional 2,856,614 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 27.4% in the first quarter. Bank of New York Mellon Corp now owns 9,976,201 shares of the exchange traded fund’s stock worth $455,015,000 after acquiring an additional 2,143,081 shares during the last quarter. Finally, Jane Street Group LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the first quarter valued at $57,419,000.
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).
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