Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Sees Unusually-High Trading Volume – Should You Buy?

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) saw an uptick in trading volume on Monday . 3,129,631 shares traded hands during mid-day trading, an increase of 82% from the previous session’s volume of 1,717,981 shares.The stock last traded at $46.30 and had previously closed at $46.02.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.2 %

The firm’s 50-day moving average price is $45.59 and its 200-day moving average price is $46.06.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a $0.1588 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

Hedge Funds Weigh In On Vanguard Mortgage-Backed Securities ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Fisher Asset Management LLC lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 0.3% during the 3rd quarter. Fisher Asset Management LLC now owns 78,094 shares of the exchange traded fund’s stock valued at $3,687,000 after buying an additional 229 shares in the last quarter. Ellis Investment Partners LLC grew its stake in Vanguard Mortgage-Backed Securities ETF by 3.4% in the fourth quarter. Ellis Investment Partners LLC now owns 7,764 shares of the exchange traded fund’s stock valued at $352,000 after purchasing an additional 252 shares during the last quarter. Richard W. Paul & Associates LLC raised its holdings in Vanguard Mortgage-Backed Securities ETF by 11.8% in the fourth quarter. Richard W. Paul & Associates LLC now owns 2,432 shares of the exchange traded fund’s stock worth $110,000 after purchasing an additional 257 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in Vanguard Mortgage-Backed Securities ETF by 2.2% in the fourth quarter. Farther Finance Advisors LLC now owns 11,817 shares of the exchange traded fund’s stock worth $536,000 after purchasing an additional 259 shares in the last quarter. Finally, FSB Premier Wealth Management Inc. lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 0.9% during the fourth quarter. FSB Premier Wealth Management Inc. now owns 32,602 shares of the exchange traded fund’s stock valued at $1,478,000 after buying an additional 286 shares during 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).