Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Stock Price Passes Below 200 Day Moving Average – Should You Sell?

Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $46.23 and traded as low as $45.03. Vanguard Mortgage-Backed Securities ETF shares last traded at $45.17, with a volume of 1,073,676 shares trading hands.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.2 %

The firm has a 50-day moving average of $45.84 and a two-hundred day moving average of $46.22.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th will be given a $0.1522 dividend. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.14. The ex-dividend date is Tuesday, December 24th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VMBS. Asset Dedication LLC grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 3,666.7% during the 2nd quarter. Asset Dedication LLC now owns 565 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 550 shares in the last quarter. Carmichael Hill & Associates Inc. grew its stake in Vanguard Mortgage-Backed Securities ETF by 59.7% in the second quarter. Carmichael Hill & Associates Inc. now owns 736 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 275 shares in the last quarter. Truvestments Capital LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF in the 3rd quarter worth about $35,000. Castleview Partners LLC lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 531.9% during the 3rd quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 734 shares during the last quarter. Finally, Armstrong Advisory Group Inc. acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at about $45,000.

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).