Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Short Interest Up 115.4% in February

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) was the recipient of a large growth in short interest in February. As of February 28th, there was short interest totalling 817,400 shares, a growth of 115.4% from the February 13th total of 379,500 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 1,964,000 shares, the days-to-cover ratio is currently 0.4 days.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of VMBS opened at $45.98 on Friday. The business’s 50-day moving average price is $45.63 and its 200 day moving average price is $46.06. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $44.04 and a 1-year high of $47.59.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were paid a $0.1588 dividend. The ex-dividend date was Monday, March 3rd.

Hedge Funds Weigh In On Vanguard Mortgage-Backed Securities ETF

Institutional investors have recently bought and sold shares of the stock. Legacy Investment Solutions LLC grew its stake in Vanguard Mortgage-Backed Securities ETF by 519.1% during the 4th quarter. Legacy Investment Solutions LLC now owns 551 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 462 shares in the last quarter. Truvestments Capital LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at about $35,000. POM Investment Strategies LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at about $37,000. GeoWealth Management LLC grew its stake in Vanguard Mortgage-Backed Securities ETF by 264.0% during the 4th quarter. GeoWealth Management LLC now owns 1,052 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 763 shares in the last quarter. Finally, Marshall & Sterling Wealth Advisors Inc. purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at about $61,000.

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).