Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $46.23 and traded as low as $45.03. Vanguard Mortgage-Backed Securities ETF shares last traded at $45.17, with a volume of 1,073,676 shares changing hands.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.3 %

The firm’s fifty day simple moving average is $45.89 and its 200-day simple moving average is $46.23.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, December 27th. Investors of record on Tuesday, December 24th will be given a dividend of $0.1522 per share. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.14. The ex-dividend date is Tuesday, December 24th.

Hedge Funds Weigh In On Vanguard Mortgage-Backed Securities ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Kovitz Investment Group Partners LLC lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 976.7% in the third quarter. Kovitz Investment Group Partners LLC now owns 2,036,034 shares of the exchange traded fund’s stock valued at $95,912,000 after purchasing an additional 1,846,939 shares in the last quarter. Raymond James & Associates raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 102.5% in the 3rd quarter. Raymond James & Associates now owns 3,431,563 shares of the exchange traded fund’s stock worth $162,004,000 after purchasing an additional 1,737,364 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 3.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 19,115,115 shares of the exchange traded fund’s stock valued at $867,826,000 after buying an additional 659,720 shares during the last quarter. Intelligence Driven Advisers LLC bought a new position in Vanguard Mortgage-Backed Securities ETF during the third quarter worth about $29,555,000. Finally, Kestra Investment Management LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF in the 2nd quarter valued at approximately $20,731,000.

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).