Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Sees Large Increase in Short Interest

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 450,100 shares, an increase of 25.9% from the March 31st total of 357,600 shares. Based on an average daily trading volume, of 1,684,800 shares, the days-to-cover ratio is presently 0.3 days.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.3 %

VMBS opened at $44.35 on Friday. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $42.06 and a twelve month high of $47.04. The company has a fifty day moving average of $45.11 and a 200-day moving average of $44.97.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.1462 per share. The ex-dividend date was Monday, April 1st. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.14. This represents a $1.75 annualized dividend and a dividend yield of 3.96%.

Institutional Investors Weigh In On Vanguard Mortgage-Backed Securities ETF

Several large investors have recently modified their holdings of the company. Charles Schwab Investment Advisory Inc. grew its holdings in Vanguard Mortgage-Backed Securities ETF by 6.6% in the third quarter. Charles Schwab Investment Advisory Inc. now owns 132,032,863 shares of the exchange traded fund’s stock worth $5,780,399,000 after purchasing an additional 8,121,857 shares during the period. Envestnet Portfolio Solutions Inc. acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the third quarter worth $157,270,000. Morningstar Investment Services LLC grew its holdings in Vanguard Mortgage-Backed Securities ETF by 200.4% in the fourth quarter. Morningstar Investment Services LLC now owns 5,292,600 shares of the exchange traded fund’s stock worth $245,629,000 after purchasing an additional 3,531,000 shares during the period. Bank of New York Mellon Corp grew its holdings in 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 purchasing an additional 2,143,081 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its holdings in Vanguard Mortgage-Backed Securities ETF by 92.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,043,110 shares of the exchange traded fund’s stock worth $133,227,000 after purchasing an additional 1,465,828 shares during the period.

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).