Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Hits New 1-Year Low – Should You Sell?

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) reached a new 52-week low during trading on Tuesday . The company traded as low as $45.82 and last traded at $45.89, with a volume of 53289 shares trading hands. The stock had previously closed at $46.13.

Vanguard Mortgage-Backed Securities ETF Price Performance

The firm has a 50 day moving average price of $46.37 and a two-hundred day moving average price of $46.75.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

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

Institutional Trading of Vanguard Mortgage-Backed Securities ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Glen Eagle Advisors LLC lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 1,609.7% in the 4th quarter. Glen Eagle Advisors LLC now owns 530 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 499 shares during the period. Vision Retirement LLC increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 1,915.4% during the first quarter. Vision Retirement LLC now owns 524 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 498 shares during the period. Imprint Wealth LLC bought a new position in Vanguard Mortgage-Backed Securities ETF during the third quarter worth $25,000. Ascentis Independent Advisors bought a new position in Vanguard Mortgage-Backed Securities ETF during the first quarter worth $27,000. Finally, Kingdom Financial Group LLC. bought a new position in Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth $29,000.

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). 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).