Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Short Interest Up 343.8% in July

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totalling 2,790,000 shares, a growth of 343.8% from the July 15th total of 628,600 shares. Based on an average trading volume of 1,635,100 shares, the days-to-cover ratio is presently 1.7 days.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of Vanguard Mortgage-Backed Securities ETF stock traded up $0.17 during trading hours on Tuesday, reaching $46.75. The company had a trading volume of 1,401,953 shares, compared to its average volume of 1,665,283. Vanguard Mortgage-Backed Securities ETF has a one year low of $42.06 and a one year high of $47.31. The business has a fifty day simple moving average of $45.79 and a 200 day simple moving average of $45.36.

Vanguard Mortgage-Backed Securities ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were issued a $0.151 dividend. The ex-dividend date of this dividend was Thursday, August 1st. This represents a $1.81 annualized dividend and a dividend yield of 3.88%.

Institutional Trading of Vanguard Mortgage-Backed Securities ETF

Several hedge funds and other institutional investors have recently bought and sold shares of VMBS. Avaii Wealth Management LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 12.9% in the 4th quarter. Avaii Wealth Management LLC now owns 6,455 shares of the exchange traded fund’s stock worth $299,000 after acquiring an additional 737 shares in the last quarter. Kovitz Investment Group Partners LLC increased its holdings in Vanguard Mortgage-Backed Securities ETF by 28.4% in the 4th quarter. Kovitz Investment Group Partners LLC now owns 141,148 shares of the exchange traded fund’s stock worth $6,544,000 after buying an additional 31,248 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in Vanguard Mortgage-Backed Securities ETF by 0.7% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 831,000 shares of the exchange traded fund’s stock valued at $38,525,000 after purchasing an additional 6,000 shares during the period. Onyx Bridge Wealth Group LLC increased its position in Vanguard Mortgage-Backed Securities ETF by 50.9% during the fourth quarter. Onyx Bridge Wealth Group LLC now owns 9,123 shares of the exchange traded fund’s stock valued at $423,000 after acquiring an additional 3,079 shares during the last quarter. Finally, Savvy Advisors Inc. bought a new stake in Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at approximately $1,050,000.

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).