Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Sets New 1-Year High at $47.36

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $47.36 and last traded at $47.25, with a volume of 318237 shares traded. The stock had previously closed at $47.15.

Vanguard Mortgage-Backed Securities ETF Price Performance

The stock has a 50 day moving average of $46.29 and a 200 day moving average of $45.53.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.154 per share. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. This represents a $1.85 annualized dividend and a yield of 3.91%. The ex-dividend date was Tuesday, September 3rd.

Hedge Funds Weigh In On Vanguard Mortgage-Backed Securities ETF

Several hedge funds and other institutional investors have recently modified their holdings of VMBS. Charles Schwab Investment Advisory Inc. boosted its stake in Vanguard Mortgage-Backed Securities ETF by 2.2% in the first quarter. Charles Schwab Investment Advisory Inc. now owns 134,995,733 shares of the exchange traded fund’s stock valued at $6,157,155,000 after buying an additional 2,856,614 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings 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 purchasing an additional 659,720 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in Vanguard Mortgage-Backed Securities ETF by 0.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 10,055,325 shares of the exchange traded fund’s stock valued at $456,512,000 after purchasing an additional 79,124 shares during the last quarter. Assetmark Inc. boosted its position in Vanguard Mortgage-Backed Securities ETF by 1.8% in the fourth quarter. Assetmark Inc. now owns 6,303,927 shares of the exchange traded fund’s stock valued at $292,250,000 after buying an additional 110,739 shares in the last quarter. Finally, Morningstar Investment Services LLC grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 200.4% during the fourth quarter. Morningstar Investment Services LLC now owns 5,292,600 shares of the exchange traded fund’s stock worth $245,629,000 after buying an additional 3,531,000 shares during the last quarter.

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).