Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Hits New 1-Year Low – Should You Sell?

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)’s share price hit a new 52-week low on Tuesday . The company traded as low as $45.82 and last traded at $45.89, with a volume of 53289 shares traded. The stock had previously closed at $46.13.

Vanguard Mortgage-Backed Securities ETF Price Performance

The company has a 50-day moving average price of $46.37 and a two-hundred day moving average price of $46.75.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, August 5th. Investors of record on Monday, August 3rd were given a dividend of $0.168 per share. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Monday, August 3rd. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16.

Institutional Investors Weigh In On Vanguard Mortgage-Backed Securities ETF

A number of hedge funds have recently added to or reduced their stakes in VMBS. Genesis Private Wealth LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF by 1.1% in the first quarter. Genesis Private Wealth LLC now owns 20,912 shares of the exchange traded fund’s stock valued at $982,000 after buying an additional 237 shares during the period. Maia Wealth LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 2.6% during the 3rd quarter. Maia Wealth LLC now owns 9,323 shares of the exchange traded fund’s stock worth $438,000 after buying an additional 240 shares in the last quarter. Rehmann Capital Advisory Group grew its position in shares of 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 buying an additional 243 shares during the period. Saranac Partners Ltd grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 2.1% during the 4th quarter. Saranac Partners Ltd now owns 11,728 shares of the exchange traded fund’s stock worth $552,000 after buying an additional 245 shares during the period. Finally, International Assets Investment Management LLC increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 7.5% in the 1st quarter. International Assets Investment Management LLC now owns 3,633 shares of the exchange traded fund’s stock valued at $170,000 after acquiring an additional 253 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).