Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Hits New 12-Month Low – Here’s What Happened

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)’s stock price reached a new 52-week low on Friday . The stock traded as low as $46.00 and last traded at $46.01, with a volume of 595929 shares traded. The stock had previously closed at $46.25.

Vanguard Mortgage-Backed Securities ETF Stock Performance

The business’s 50-day moving average is $46.56 and its two-hundred day moving average is $46.90.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were paid a $0.1645 dividend. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend was Wednesday, July 1st.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. City State Bank increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 0.6% in the fourth quarter. City State Bank now owns 36,957 shares of the exchange traded fund’s stock valued at $1,740,000 after purchasing an additional 235 shares during the last quarter. Genesis Private Wealth LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 1.1% during the first quarter. Genesis Private Wealth LLC now owns 20,912 shares of the exchange traded fund’s stock worth $982,000 after buying an additional 237 shares during the last quarter. Maia Wealth LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 2.6% during the third quarter. Maia Wealth LLC now owns 9,323 shares of the exchange traded fund’s stock worth $438,000 after buying an additional 240 shares during the last quarter. Rehmann Capital Advisory Group boosted its stake in Vanguard Mortgage-Backed Securities ETF by 3.2% during the fourth quarter. Rehmann Capital Advisory Group now owns 7,931 shares of the exchange traded fund’s stock worth $373,000 after buying an additional 243 shares during the last quarter. Finally, Saranac Partners Ltd grew its holdings in Vanguard Mortgage-Backed Securities ETF by 2.1% in the 4th quarter. Saranac Partners Ltd now owns 11,728 shares of the exchange traded fund’s stock valued at $552,000 after buying an additional 245 shares in the last quarter.

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).