Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Short Interest Down 57.3% in July

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 1,069,571 shares, a decline of 57.3% from the June 30th total of 2,504,753 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 1,356,899 shares, the days-to-cover ratio is currently 0.8 days.

Vanguard Mortgage-Backed Securities ETF Stock Performance

VMBS opened at $46.19 on Monday. Vanguard Mortgage-Backed Securities ETF has a one year low of $45.88 and a one year high of $47.90. The business’s fifty day moving average is $46.57 and its two-hundred day moving average is $46.93.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.1645 per share. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend was Wednesday, July 1st.

Institutional Investors Weigh In On Vanguard Mortgage-Backed Securities ETF

A number of large investors have recently added to or reduced their stakes in the business. Accel Wealth Management increased its holdings in Vanguard Mortgage-Backed Securities ETF by 36.4% during the 2nd quarter. Accel Wealth Management now owns 29,933 shares of the exchange traded fund’s stock valued at $1,401,000 after acquiring an additional 7,984 shares in the last quarter. Mendota Financial Group LLC lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 10.4% in the second quarter. Mendota Financial Group LLC now owns 203,848 shares of the exchange traded fund’s stock valued at $9,542,000 after purchasing an additional 19,269 shares in the last quarter. Wealthcare Advisory Partners LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the second quarter valued at about $244,000. DiPaolo Financial Group Inc. grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 4.4% in the second quarter. DiPaolo Financial Group Inc. now owns 129,184 shares of the exchange traded fund’s stock valued at $6,047,000 after purchasing an additional 5,473 shares during the last quarter. Finally, Legacy Wealth Asset Management LLC grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 12.0% in the second quarter. Legacy Wealth Asset Management LLC now owns 18,257 shares of the exchange traded fund’s stock valued at $855,000 after purchasing an additional 1,954 shares during the last quarter.

About Vanguard Mortgage-Backed Securities ETF

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). The Index covers the United States agency mortgage-backed, pass-through securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).