Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Sees Large Volume Increase – Still a Buy?

by · The Cerbat Gem

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS – Get Free Report) shares saw strong trading volume on Tuesday . 6,084,068 shares changed hands during trading, an increase of 217% from the previous session’s volume of 1,921,896 shares.The stock last traded at $47.2350 and had previously closed at $47.27.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.0%

The stock has a 50 day simple moving average of $47.10 and a 200 day simple moving average of $46.78.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 3rd. Investors of record on Monday, December 1st were given a $0.1615 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) annualized dividend and a yield of 4.1%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Imprint Wealth LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter valued at about $25,000. Legacy Investment Solutions LLC bought a new position in Vanguard Mortgage-Backed Securities ETF in the 2nd quarter valued at about $32,000. Evolution Wealth Management Inc. acquired a new position in Vanguard Mortgage-Backed Securities ETF during the 2nd quarter valued at about $34,000. Tidemark LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 665.4% during the 3rd quarter. Tidemark LLC now owns 796 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 692 shares during the last quarter. Finally, Fortitude Family Office LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter worth approximately $38,000.

About Vanguard Mortgage-Backed Securities ETF

(Get Free Report)

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).

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