Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Sets New 52-Week Low – Time to Sell?

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)’s share price hit a new 52-week low during trading on Tuesday. The company traded as low as $44.43 and last traded at $44.53, with a volume of 2622746 shares. The stock had previously closed at $44.82.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.1%

The company has a 50-day moving average price of $45.81 and a two-hundred day moving average price of $46.41.

Hedge Funds Weigh In On Vanguard Mortgage-Backed Securities ETF

A number of large investors have recently made changes to their positions in VMBS. Focus Partners Wealth purchased a new position in Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at about $113,419,000. Envestnet Asset Management Inc. lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 3.4% during the second quarter. Envestnet Asset Management Inc. now owns 28,250,812 shares of the exchange traded fund’s stock valued at $1,322,420,000 after buying an additional 917,120 shares during the last quarter. Diversify Wealth Management LLC lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 382.7% during the first quarter. Diversify Wealth Management LLC now owns 885,936 shares of the exchange traded fund’s stock valued at $41,471,000 after buying an additional 702,394 shares during the last quarter. Lido Advisors LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at about $16,615,000. Finally, Robinswood Financial LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 1st quarter valued at about $15,665,000.

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). 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).