Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Declares $0.16 Dividend

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) announced a dividend on Monday, March 30th, NASDAQ Dividends reports. Stockholders of record on Wednesday, April 1st will be paid a dividend of 0.1617 per share by the exchange traded fund on Monday, April 6th. The ex-dividend date of this dividend is Wednesday, April 1st.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of NASDAQ VMBS traded down $0.12 during mid-day trading on Wednesday, hitting $46.83. 3,263,043 shares of the company were exchanged, compared to its average volume of 1,897,878. The stock has a 50 day simple moving average of $47.22 and a 200-day simple moving average of $47.15. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $44.85 and a 1-year high of $47.90.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Hsbc Holdings PLC lifted its stake in Vanguard Mortgage-Backed Securities ETF by 29.9% in the 4th quarter. Hsbc Holdings PLC now owns 89,156 shares of the exchange traded fund’s stock valued at $4,197,000 after buying an additional 20,533 shares in the last quarter. Rockefeller Capital Management L.P. boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 8.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 585,669 shares of the exchange traded fund’s stock valued at $27,573,000 after acquiring an additional 43,508 shares during the last quarter. World Investment Advisors boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 140.4% during the fourth quarter. World Investment Advisors now owns 101,037 shares of the exchange traded fund’s stock valued at $4,757,000 after acquiring an additional 59,004 shares during the last quarter. Brighton Securities CORP. purchased a new stake in Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth about $704,000. Finally, Rehmann Capital Advisory Group increased its position in Vanguard Mortgage-Backed Securities ETF by 3.2% during the 4th quarter. Rehmann Capital Advisory Group now owns 7,931 shares of the exchange traded fund’s stock worth $373,000 after purchasing an additional 243 shares in 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). 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).