Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Reaches New 1-Year High at $47.57

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) reached a new 52-week high during trading on Monday . The stock traded as high as $47.57 and last traded at $47.56, with a volume of 946343 shares traded. The stock had previously closed at $47.45.

Vanguard Mortgage-Backed Securities ETF Stock Performance

The stock has a 50-day moving average price of $46.65 and a two-hundred day moving average price of $45.67.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.154 per share. The ex-dividend date was Tuesday, September 3rd. This represents a $1.85 annualized dividend and a yield of 3.90%. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Vantage Financial Partners LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth about $394,000. Accretive Wealth Partners LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at approximately $338,000. Beacon Pointe Advisors LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 15.4% during the fourth quarter. Beacon Pointe Advisors LLC now owns 8,463 shares of the exchange traded fund’s stock valued at $392,000 after buying an additional 1,129 shares during the last quarter. Level Four Advisory Services LLC lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 38.1% in the fourth quarter. Level Four Advisory Services LLC now owns 13,315 shares of the exchange traded fund’s stock worth $617,000 after buying an additional 3,671 shares in the last quarter. Finally, Brown Advisory Inc. boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 16.4% during the fourth quarter. Brown Advisory Inc. now owns 7,941 shares of the exchange traded fund’s stock worth $368,000 after acquiring an additional 1,116 shares during 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).