Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Stock Passes Below 200 Day Moving Average – Here’s Why

Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $46.78 and traded as low as $46.17. Vanguard Mortgage-Backed Securities ETF shares last traded at $46.25, with a volume of 819,939 shares.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.3%

The business has a 50 day simple moving average of $46.40 and a 200-day simple moving average of $46.78.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Monday, August 3rd were issued a $0.168 dividend. This represents a c) annualized dividend and a dividend yield of 4.4%. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16. The ex-dividend date was Monday, August 3rd.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of VMBS. Vision Retirement LLC grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 1,915.4% during the 1st quarter. Vision Retirement LLC now owns 524 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 498 shares in the last quarter. Glen Eagle Advisors LLC boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 1,609.7% during the 4th quarter. Glen Eagle Advisors LLC now owns 530 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 499 shares during the last quarter. Imprint Wealth LLC bought a new position in Vanguard Mortgage-Backed Securities ETF in the third quarter valued at approximately $25,000. Ascentis Independent Advisors bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the first quarter valued at $27,000. Finally, Kingdom Financial Group LLC. bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter valued at about $29,000.

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). 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).