Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Sees Unusually-High Trading Volume – Here’s What Happened

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBSGet Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 2,237,192 shares changed hands during mid-day trading, an increase of 25% from the previous session’s volume of 1,788,257 shares.The stock last traded at $46.67 and had previously closed at $46.59.

Vanguard Mortgage-Backed Securities ETF Stock Performance

The firm has a 50 day moving average of $47.09 and a 200-day moving average of $47.15.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st will be given a dividend of $0.1609 per share. The ex-dividend date is Friday, May 1st.

Hedge Funds Weigh In On Vanguard Mortgage-Backed Securities ETF

Large investors have recently modified their holdings of the stock. DecisionPoint Financial LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth $25,000. Glen Eagle Advisors LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 1,609.7% during the fourth quarter. Glen Eagle Advisors LLC now owns 530 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 499 shares during the period. Imprint Wealth LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at about $25,000. Ascentis Independent Advisors acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 1st quarter valued at approximately $27,000. Finally, Kingdom Financial Group LLC. acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth approximately $29,000.

About Vanguard Mortgage-Backed Securities ETF

(Get Free Report)

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).

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