Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Sees Strong Trading Volume

Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) saw unusually-high trading volume on Monday . Approximately 3,465,236 shares traded hands during trading, an increase of 107% from the previous session’s volume of 1,672,943 shares.The stock last traded at $44.75 and had previously closed at $44.75.

Vanguard Mortgage-Backed Securities ETF Price Performance

The stock has a 50 day simple moving average of $45.04 and a 200 day simple moving average of $45.03.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, May 6th. Shareholders of record on Thursday, May 2nd will be given a dividend of $0.148 per share. The ex-dividend date is Wednesday, May 1st. This represents a $1.78 annualized dividend and a yield of 3.97%. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Sugarloaf Wealth Management LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth $27,000. Bradley & Co. Private Wealth Management LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at about $29,000. Addison Advisors LLC increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 44.6% during the fourth quarter. Addison Advisors LLC now owns 849 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 262 shares during the period. SouthState Corp purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at about $57,000. Finally, Citigroup Inc. raised its stake in Vanguard Mortgage-Backed Securities ETF by 194.0% in the third quarter. Citigroup Inc. now owns 1,379 shares of the exchange traded fund’s stock worth $60,000 after buying an additional 910 shares in 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).