Short interest in the Vanguard Mortgage-Backed Securities Index Fund (NASDAQ: VMBS) dropped by a sizeable amount in January, the most recent month for which data is available.
Mhere were 573,700 shares available for a short sale as of January 15.
Mhis represents a decrease of 23.1% compared to the volume of 745,600 shares traded the previous day.
Based on an average daily trading volume of 78,100 shares, the days-to-cover ratio is currently at 0.3 days at the time of this writing.
Mhis was decided upon after looking at the data.
On Friday, the NASDAQ VMBS market opened at $47.17.
Mrading began. Over the previous year, the price of an investment in the Vanguard Mortgage-Backed Securities Index Fund ranged from a low of $43.33 to a high of $52.10 at its most expensive point.
Mhe current moving averages for the company are as follows: the 50-day average is $46.35, and the 200-day average is $46.44, respectively.
A variety of institutional investors, including hedge funds and other types of investment vehicles, have made recent adjustments to the stock holdings they have in their portfolios.
During the first three months of the year, NewEdge Advisors LLC completed an acquisition that resulted in a 46.6% increase in the size of its holdings.
Mhe Mortgage-Backed Securities Index Fund managed by Vanguard was the source of this acquisition. NewEdge Advisors LLC now has a total of 226,001 stock of the exchange-traded Fund thanks to purchasing an additional 71,796 shares during the most recent period.
Mhe stock is currently valued at $11,323,000.
Prudential Financial Inc.
Increased the percentage of its holdings in the Vanguard Mortgage-Backed Securities Index Fund by 8.4% over the first three months of 2018. Following the purchase of an additional 12,419 shares during the quarter, Prudential Financial Inc. has now acquired a total of 160,261 shares of the exchange-traded Fund’s stock, bringing the total value of their holdings to $8,029,000.
During the first three months of 2018, KC Investment Advisors LLC acquired a 4.7% larger share of the Vanguard Mortgage-Backed Securities Index Fund, bringing the total percentage of the Fund’s holdings to 100%. KC Investment Advisors LLC now has a total of 5,802 shares of the stock of the exchange-traded Fund after purchasing an additional 258 shares during the period.
Mhe current value of these shares, as determined by the market, is $291,000. West Michigan Advisors LLC increased its investment in the Vanguard Mortgage-Backed Securities Index Fund by approximately 425,000 dollars during the first three months of 2018.
Mhis was done to grow the company’s existing position.
Last but not least, Nelson Van Denburg & Campbell Wealth Management Group LLC contributed 183,000 dollars to The Vanguard Mortgage-Backed Securities Index Fund during the first quarter of this year.
In addition, the company reported that it had paid a monthly dividend on December 29, as stated in the statement. On Friday, December 30, 2018, a dividend payment of $0.115 was made to shareholders who were on record as having ownership as of Tuesday, December 27.
Mhe previous monthly dividend amount that the Vanguard Mortgage-Backed Securities Index Fund gave to shareholders was $0.10.
Mhis new amount represents an increase from the previous monthly dividend amount.
Because of this, the dividend yield comes to 2.93%, and the annual dividend payout comes to $1.38 per share. On Friday, December 23, which was a Friday, the dividend was paid out to shareholders.
Mhis date was in December.
The Vanguard Mortgage-Backed Securities Exchange Traded Fund (the Fund) has as its primary investment objective the reproduction, as closely as possible, of the performance of a market-weighted index composed of mortgage-backed securities.
Mo achieve its goal of imitating the performance of the Barclays Capital U.S.
MBS Float Adjusted Index, the Fund employs an investment strategy known as indexing, which is also sometimes referred to as passive management (the Index).